-
Sale by Modern Auction (T&Cs apply) +
-
Subject to an undisclosed Reserve Price +
-
Buyers fees apply +
-
2 Bed 1st Floor Apartment +
-
Walking Distance to Town +
-
Juliette Balcony +
-
Allocated Parking +
-
10.9% Gross Annual Yield +
SUMMARY
Spacious 2 bedroom, 1st floor apartment situated on a well-connected road between Woodville and Swadlincote. Offering light and airy kitchen-diner-lounge with integrated units and Juliette balcony, double master bedroom, 2nd single bedroom or study, family bathroom and allocated parking to the rear.
DESCRIPTION
Burchell Edwards are delighted to bring to market this light and spacious 2-bedroom, 1st floor apartment, situated on a well-connected road in Swadlincote.
Positioned between Swadlincote town centre and the suburb of Woodville, the flat is in a well-presented building. Secure access is well-maintained from street-level and an allocated parking space is offered to the rear, as well as ample visitor parking.
The apartment itself has an open entrance hallway, boasting built-in cloakroom storage. Leading off to the sizeable double master bedroom, a further 2nd single bedroom, and family bathroom with full 3-piece suite.
Leading through to the end of the apartment is a spacious kitchen-diner-lounge, light and airy thanks to Juliette balcony with French doors and 2 large Sashe-style windows. A range of integrated units such as electric oven, fridge-freezer, and washing machine make the apartment ready-to-rent with white goods included. Ideal for first time buyers to get on the property ladder!
Sold vacant possession with potential annual rental income of £8,700, generating a potential annual yield of 10.9%. Early viewing strongly advised.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Entrance Hallway
Laminate flooring, built-in storage wardrobes, pendant light fitting, intercom, gas central heating radiator.
Kitchen-Diner-Lounge 14' 10" x 12' 10" ( 4.52m x 3.91m )
Tiled floor to kitchen, laminate to lounge-diner, wall and base units with worktops over and breakfast bar, integrated; electric oven, gas hob, fridge-freezer, and washing machine, gas central heating radiator, splashback tiling, 2 Sashe-style windows over rear elevation, Juliette Balcony over side elevation, extractor hood, stainless steel sink and drainer with single tap, combi boiler.
Master Bedroom 9' 8" x 9' 10" ( 2.95m x 3.00m )
Sashe-style window over rear elevation, carpet flooring, gas central heating radiator, built-in mirror-fronted wardrobes, pendant light fitting.
2nd Bedroom 14' 11" at max. x 6' 10" at max. ( 4.55m at max. x 2.08m at max. )
Sashe-style window over side elevation, carpet flooring, gas central heating radiator, pendant light fitting.
Bathroom
Tiled flooring, basin with pedestal, low-level flush toilet, vertical radiator gas central heating, extractor, light bar and shaver point, splashback tiling, mixer shower over bath.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Potential buyers are advised to recheck the measurements before committing to any expense.
5. Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6. Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.