Guide price
£160,000
3 bed semi-detached house for saleThorntree Lane, Newhall, Swadlincote, Derbyshire DE11
3 beds
1 bath
2 receptions
EPC Rating: E
- Chain free
- Auction
- Freehold
Frank Innes - Burton Upon Trent Sales
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About this property
Off road parking
Three bedrooms
Two reception rooms
Investment property
Great opportunity to buy this three bedroom semi-detached property with off road parking. The property is being sold with no upward chain or sold to investor's with achieving a rent of £775 per month. The property comprises lounge and separate diner which leads to a modern kitchen, from there we go through to the downstairs family bathroom with a three piece white suite comprising of bath with overheard shower, sink and toilet. On the first floor there are three good size bedrooms. Outside to the front we have off road parking for two vehicles and to the rear there is a good size low maintenance garden with room for potential expansion. Internal viewing comes highly advised.
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows 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. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation 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 go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
Should you opt to use Conveyancing Services recommended by iamsold or the Partner Agent, please be advised that the Partner Agent will receive payment of up to £450.00 from the Conveyancing Provider for that recommendation where the services are taken, and a sale completes. It is important to note that recommended services are optional, and you should consider your options carefully before accepting any recommended services.
Dining Room (3.48m x 3.96m)
UPVC front door, wooden flooring, UPVC window and radiator.
Lounge (4.67m x 3.96m)
Two UPVC windows, stairs to the first floor, feature fire place, wooden flooring and radiator.
Kitchen (5.56m x 2.1m)
UPVC window, tiled flooring, built in cooker/hob, sink, spot lights, floor and eye level units and radiator.
Bathroom (3.05m x 2.1m)
UPVC window, bath, shower, tiled floor, tiled walls, sink, toilet and radiator.
Bedroom One (3.96m x 3.53m)
UPVC window, carpet flooring and radiator.
Bedroom Two (3.56m x 3.05m)
UPVC window, carpet flooring and radiator.
Bedroom Three (4.2m x 1.93m)
UPVC window, carpet flooring and radiator.
Outside
To the front we have off rad parking for two cars and at the back we have a low maintenance lawned garden with patio area.
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