Property description
A double fronted 3 bedroomed end terraced property benefiting from majority double glazing. Following modernisation the property would be suitable for resale or investment purposes with a potential rental income of in excess of £6000.00 per annum.
The property would also be suitable for HMO use subject to any necessary consents.
The client is selling only part of the land which is comprised in the registered title i.e. Title Number MS621720, not the whole of that land. He is retaining the vacant land adjoining the house. Copy plans relating to both 11 and 11a Birchfield Road are available in the legal pack. Our client has called the land 11a. He is selling the land on the plan numbered 11 only. This is referred to in the contract; we have a plan marker number 11.
As the registered Title refers to the property as being number 11, we do not want there to be any misunderstanding. It is only the land on the plan marked 11 that is being sold.
GUIDE PRICES & RESERVE PRICESGuide PriceAn indication of the sellers current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Reserve PriceThe sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Property Features :
- SUTTON KERSH ARE PLEASED TO OFFER FOR SALE BY PUBLIC AUCTION ON : 10-SEP-2015
- LOT NUMBER : 36
- A DOUBLE FRONTED 3 BEDROOMED END TERRACED PROPERTY IN NEED OF REFURBISHMENT BENEFITING FROM MAJORIT
- Vacant Residential