49 Lancaster Avenue
Ref: Lot 1
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Unconditional (Buyer's Premium)
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
49 Lancaster Avenue, Dawley, Telford, Shropshire, TF4 2HS
A Excellent Opportunity to Invest in Lancaster Avenue, Dawley, Telford! Are you on the lookout for a Fantastic investment opportunity in the heart of Telford's thriving property market? Look no further! We proudly present this remarkable 2 double bedroom first floor flat in Lancaster Avenue. Approx.16.% gross yield.
A Excellent Opportunity to Invest in Lancaster Avenue, Dawley, Telford! Are you on the lookout for a Fantastic investment opportunity in the heart of Telford's thriving property market? Look no further! We proudly present this remarkable 2 double bedroom first floor flat in Lancaster Avenue. Approx.16.% gross yield.
Description
This property comes with tenant in situ, currently paying £475pcm, making it an ideal opportunity for CASH buyers seeking to secure a return on their investment. As non standard construction. Situated on the first floor, this two-bedroom flat offers comfort. Stepping inside, you'll immediately be greeted by the spacious lounge which provides ample room.
The fitted kitchen has a range of wall and base units. The two double bedrooms offer comfort. The property features a family bathroom. On-street parking. The property boasts a communal garden. Purchasing this property will not only provide you with a secure and desirable investment, but also a chance to diversify your portfolio.
With the tenant already in place, you can hit the ground running and start enjoying an immediate return on investment. The flat is being offered for sale by unconditional auction, providing a straightforward and stress-free process. This is an excellent opportunity for savvy investors. Don't miss out on this remarkable property!
Act now, as it comes with no upward chain, allowing you to move quickly and secure this investment opportunity before someone else does. Contact us today to arrange a viewing and take the first step towards securing your future investment.
Tenure
Leasehold
Buyers Premium
* Plus 5% Buyers Premium + VAT
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Key Feature 1
approx. 16% gross yield
Council Tax Band
A
Lease Start Date
25/09/2015
Lease Duration
99 years (89 years unexpired)
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
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£850,000 + fees
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A Excellent Opportunity to Invest in Lancaster Avenue, Dawley, Telford! Are you on the lookout for a Fantastic investment opportunity in the heart of Telford's thriving property market? Look no further! We proudly present this remarkable 2 double bedroom first floor flat in Lancaster Avenue. Approx.16.% gross yield.
£30,000 + fees
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BMV Property Ideally located near the popular village of Llanrhystud. Enjoy the convenience of nearby amenities, including a post office, garage, pub, and school, all just a short distance away. This property offers the perfect blend of comfortable living and easy access to local services, making it an ideal choice for families or anyone looking to embrace village life. ** Please note there is a Japanese knotweed plan details are in the legal pack**
£200,000 + fees
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£145,000 + fees
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Three-Bedroom Detached Home with Renovation Potential in the lovely Village of Trisant. EDWARDIAN DETACHED PROPERTY IDEAL RENOVATION PROJECT GREAT FAMILY HOME COUNTRYSIDE VIEWS VILLAGE LOCATION LARGE GARDEN GARAGE LARGE LAMBSWOOL LINED SHED POWERPOINTS FREEHOLD
£150,000 + fees
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EXCELLENT OPPORTUNITY FOR INVESTMENT
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This extremely well proportioned 2 bedroom duplex apartment has large Living Room with balcony, Kitchen, 2 Good Size Bedrooms and Bathroom. Situated within close proximity of Meole Brace Retail Park and within the catchment area for Meole Brace Junior and Senior schools. Ideal for first time buyers or Investors. The vendors have recently upgraded the boiler and fitted new carpets. Gross yield of 12% based on the guide price and potential stamp duty relief for company purchases.
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Auction Ends:
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- Online bidding process runs to advertised end date
- If you are highest bidder at the end of the bidding process one of the TCPA / Auctionline team will contact you to proceed with the sale under relevant legal process. A reservation fee and deposit may be required at this stage. please contact relevant team or refer to terms and conditions
- All interested bidders are assumed to have carried out due diligence and checks prior to bidding on the lot
- Buyers are advised to refer to individual terms and conditons, relevant legal pack and are not to rely on details or videos provided by the agent as statement of fact on the basis on proceeding with a sale
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