3 bedroom Terraced House in Burton on Trent
43 Woods Lane, Stapenhill, Burton on Trent, DE15 9EF
- Lot No: 67
- Property Type: Terraced House
- Contract Type: Unconditional with Variable Fee
Guide Price* £75,000+ plus fees
Result Sold at Auction £89,500
Property Description
DRAFT DETAILS A spacious Victorian, three bedroom, terraced property situated in a popular and convenient location. Well placed for shops, schools and transport links. A great potential investment opportunity, with the property previously let out on an assured shorthold tenancy at £498 pcm/ £5,976 per annum and therefore giving a return of 8% at the current guide price. Benefits include gas central heating and UPVC double glazing and it also has driveway/parking to the front. The layout also offers scope for use as a 4 bedroom HMO property, subject to any required consents, which would considerably increase the rental value to around £14,000 per annum. The accommodation comprises in more details:
Reception Hallway
With stairs to first floor and doors to lounge and dining room.
Lounge 4.20m x 3.30m
With radiator, fireplace and window to front aspect
Dining Room
Under stairs storage cupboard, radiator and window to rear elevation.
Kitchen 3.00m x 2.50m
With fitted kitchen with a variety of drawer, wall and base units. pace provided for appliances. Window to side aspect and door leading to rear lobby.
Rear Lobby
With door to garden and further door to bathroom.
Bedroom One 4.00m x 3.75m
Radiator and window to front elevation
Bedroom Two 4.00m x 2.30m
Radiator and window to rear elevation.
Outside
Gated driveway to front. A pleasant rear garden with lawn and enclosed by wood panelled fencing.
Tenure
Freehold
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
Auction Details
Date 29th October 2020
Venue National Property Auction - Day 1 (Residential)
The National Property Auction (Residential) will be conducted behind closed doors by auctioneers Andrew Parker and Graham Penny. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.
Lot Information
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