***For Sale by Online Auction. Pre auction offers considered, mortgage buyers welcome. Guide price £60,000 to £70,000***
Spacious and modern 2 bedroom terraced property in Hoyland, near Barnsley. Well finished and maintained throughout this property is a great buy to let investment. The property is currently tenanted with the tenant in good standing.
This is a fantastic investment opportunity located in Hoyland, near Barnsley. A 2 bedroom mid terrace house which promises gross yeilds of 8% to 9% and is in excellent condition and is currently tenanted.
This property also works as a great first time buyer property, with plenty of space and a convenient location at an affordable price.
2 bedrooms, 1 bathroom, kitchen and a spacious living area. All well maintained. A mid terrace property, in a pleasant residential location. The property is a short walk from a bus stop which has direct buses into Barnsley. Hoyland is well located with easy access to the M1 motorway and surrounding employers and attractions.
- Guide price £60,000 to £70,000
- Auction pack available on request
- Buyers fee applies
This property is offered for sale by the modern method of auction' through an Online Auction. This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform.
The winning bidder, assuming the reserve is met, is granted exclusivity of the property at the winning bid price for 28 days in which they must exchange or the vendor is free to remarket the property and the reservation fee will not be returned. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £4,800 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives.
We strongly recommend that you review the legal documents prior to bidding and seek legal advice. PLEASE REMEMBER THAT THE RESERVATION FEES ARE PAYABLE IN ADDITION TO THE ASKING PRICE. Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability.
Bidders will be required to register in order to download the legal pack', if you choose to bid on the property you will be required to complete further identity checks for anti-money laundering purposes, provide card and solicitors details before you are able to place a bid. Properties may be sold prior to public auction if an offer is accepted by the vendors.
**Guide price - This is an indication of the seller's minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.
**Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above a single figure guide price or if a guide price bracket is quoted the reserve will fall somewhere within those figures