2 bedroom Terraced House in Burton-On-Trent

86 Edward Street, Burton-On-Trent, Staffordshire DE14 2JE
  • Lot No: 24
  • Property Type: Terraced House
  • Contract Type: Unconditional with Variable Fee

Guide Price* £68,000+ plus fees

Result Sold at Auction £75,000

Property Description

A traditional two bedroom terraced house sold as a buy to let investment. Currently tenanted at £625 per calendar month/£7,500 per annum on an assured shorthold tenancy since 11/02/2022. Offering a yield of around 10% at the current guide price. The property is well placed for local amenities, the town centre and within an easy walk of Burton Hospital. Accommodation comprises of a through lounge/dining room, kitchen, landing, two double bedrooms and family bathroom. Gas central heating and majority upvc double glazing. A sound addition to any rental portfolio.

Ground Floor

Open plan lounge/dining room and kitchen.


First Floor

Landing, Two Bedrooms and Bathroom.


Outside

Good size rear garden which is mainly laid to gravel for ease of maintenance.


Parking arrangements:

On Street.


Construction material:

Brick.


Heating supply:

Gas central heating.


Electricity supply:

Mains.


Water supply:

Mains.


Sewerage arrangements:

Mains.


Broadband:

Standard - 4 mbps, Superfast - 80 mbps, Ultrafast - 1000 mbps available.


Mobile phone coverage:

O2, EE, Three, Vodafone available.


Flood risk:

Surface water - High


Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.


Draft Sales Details

These sales details are awaiting vendor approval.


Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fees apply:
  • 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.
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Auction Details

Date 25th April 2024

Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

86 Edward Street, Burton-On-Trent, Staffordshire DE14 2JE