Starting Bid: £125,000
INVESTORS: Potential rental of £825 (7.92% yield at asking price)
CGT sales is delighted to offer for sale this well presented one bedroom gallery style terrace house with no onward chain situated in Hardwicke.
The accommodation comprises entrance hall, kitchen, lounge, bedroom and storage area, bathroom, good sized rear garden and driveway for two cars.
Ideal first time buy or investment.
Entrance - UPVC door to:
Entrance Hall - Coat rail. Doors to lounge and kitchen.
Lounge - 13' x 12'9" (3.96m x 3.89m) - UPVC double glazed window and door to garden. Stairs to first floor. TV and telephone points. Hatch to kitchen.
Kitchen - 9'4" x 6'8" (2.84m x 2.03m) - UPVC double glazed window to front aspect. kitchen comprising wall and base units with roll edge work-surface over and inset sink and drainer unit with part tiled walls. Cooker point, plumbing for washing machine plus space for further appliances.
First Floor -
Bedroom One - 10'4" x 7'6" (3.15m x 2.29m) - UPVC double glazed window to rear aspect.
Storage Area - 9'10" x 8'2" (3.00m x 2.49m) -
Bathroom - 11'2" x 4'10" (3.40m x 1.47m) - UPVC double glazed window. bathroom suite comprising panelled bath with shower over, pedestal wash hand basin and low level WC with part tiled walls and tiled flooring. Built-in cupboard/wardrobe with boiler.
Garden - enclosed rear garden mainly laid to lawn with patio area.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.20% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
The information above has been provided by the vendor and may not be accurate. Please refer to the property’s Buyer Information Pack. (You can download this on the right hand side of the page) or speak to the Auction Specialist for the most up to date information.
Council Tax Band: A
Fees & Charges Explained
8 Overbrook Road, Hardwicke, Gloucester, GL2 4RX
This property is sold subject to payment of a non-refundable reservation fee of 4.20% to a minimum of £6,000.00 including VAT.
Any successful purchaser will pay this to secure the sale. The reservation fee is in addition to the purchase price. Please take this into account when bidding.
A reservation fee is payable by the buyer only when the seller pays no fees to sell. As sellers pay no fees to sell, this is usually taken into account with a lower reserve price.
This property is being sold under the Modern Method of Auction, which requires the Completion of the purchase within 56 days, although all reasonable endeavours must be made to Exchange Contracts within immediately following the Draft Contracts being received by the Buyer's Solicitor
A non-refundable Reservation fee must be paid by the buyer within 2 hours following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement in the 56 day period following the auction or the date of acceptance of the offer.
Buyer Information Pack
If the Buyer Information Pack has been produced and provided by iamsold any successful purchaser will be required to pay £300.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.
Need More Information?
For further information or to speak to one of our team, please call 020 3859 2499