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For Sale - Semi-Detached House
Riverside Drive, Tern Hill

Guide Price £130,000

Bed icon  3    Bath icon  1    receptions icon  1

ATTENTION RENTAL INVESTORS! A Three Bedroom Semi Detached House Being Offered With No Upward Chain - FOR SALE BY MODERN METHOD OF AUCTION.

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Market Drayton Branch

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Market Drayton Branch
Tower House, Maer Lane, Market Drayton, Shropshire, TF9 3SH
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Opening Hours
Monday to Friday: 8.45am to 5.30pm
Saturday: 9.00am to 4.00pm

Property Summary

  • Three Bedroom Semi Detached House
  • For Rental Investors Only
  • For Sale by Modern Method of Auction
  • Offered With No Upward Chain
  • Entrance Hallway
  • Lounge
  • Spacious Dining Kitchen
  • Front & Rear Gardens
  • Allocated Parking
  • Energy Rating D-56

Property Full Details

PROPERTY Being offered with no upward chain, this spacious semi detached house is an ideal rental investment. The property is being sold with a tenant in situ and is an Ideal investment. The current rental income is £580 pcm which is a 5.35% Yield. The well presented living accommodation provides an entrance hallway, lounge, dining kitchen, three bedrooms and a main bathroom. Externally there is a lawned frontage which overlooks open fields and there is an enclosed lawned garden to the rear with a paved patio are and a useful brick outbuilding. There is allocated parking to the rear also.

LOCATION Situated within an established residential area in Tern Hill, which has local convenience stores and sports centre along with the Army Barracks and RAF base. Market Drayton is within 5 miles and offers a more comprehensive range of amenities including schools, specialist and high street shops, supermarkets, restaurants and health and leisure facilities.

ACCOMMODATION

ENTRANCE HALLWAY

LOUNGE 13' 11" x 12' 2" (4.24m x 3.71m)

DINING KITCHEN 21' 4" x 8' 1" (6.5m x 2.46m)

RETURNING TO THE HALLWAY

STAIRS TO FIRST FLOOR

LANDING AREA

BEDROOM ONE 11' 6" x 10' 8" (3.51m x 3.25m)

BEDROOM TWO 12' 9" x 8' 2" (3.89m x 2.49m)

BEDROOM THREE 9' 2 max" x 8' 10" (2.79m x 2.69m)

BATHROOM 8' 1" x 8' 1 max" (2.46m x 2.46m)

EXTERNALLY The property has an open plan frontage, which is laid to lawn with a path running across the front, there are mature trees planted and a hedgerow, beyond which are rural fields and the River Tern.
A steel gate offers access to the rear garden which has a brick-built store, and is mainly laid to lawn with fencing surrounding and a timber pedestrian gate offering access to a parking space beyond the rear garden.

ENERGY PERFORMANCE CERTIFICATE The full energy performance certificate (EPC) is available for this property upon request.

FLOOR PLAN Not to scale.

SERVICES We are advised that all mains services are available with gas fired central heating. Barbers have not tested any apparatus, equipment, fittings etc or services to this property, so cannot confirm that they are in working order or fit for purpose. A buyer is recommended to obtain confirmation from their Surveyor or Solicitor.

HOW TO FIND THE PROPERTY Leave Market Drayton on the A53 towards Shrewsbury and at the Tern Hill roundabout, turn left onto the A41 and then take the next right into Riverside Drive. Follow the road round to the right where you will find the property on the right hand side.

TENURE We are advised that the property is Freehold and this will be confirmed by the Vendors Solicitor during the Pre- Contract Enquiries.

PLEASE NOTE Please note, although the property is freehold, there is a service charge for the maintenance of communal areas which is currently £241.00 per annum.

METHOD OF SALE 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 4.2% 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
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.


LOCAL AUTHORITY Council tax enquiries, Revenues & Benefit, Shropshire Council, Shirehall, Shrewsbury, SY2 6ND. Tel: 0345 678 9002

VIEWING ARRANGEMENTS By arrangement with the Agents Office at Tower House, Maer Lane, Market Drayton, TF9 3SH
Tel: 01630 653641 or email: marketdrayton@barbers-online.co.uk

PROPERTY INFORMATION We believe this information to be accurate, but it cannot be guaranteed. The fixtures, fittings, appliances and mains services have not been tested. If there is any point which is of particular importance please obtain professional confirmation. All measurements quoted are approximate. These particulars do not constitute a contract or part of a contract.

AML REGULATIONS To ensure compliance with the latest Anti Money Laundering Regulations all intending purchasers must produce identification documents prior to the issue of sale confirmation. To avoid delays in the buying process please provide the required documents as soon as possible. We may use an online service provider to also confirm your identity. A list of acceptable ID documents is available upon request.

MD29145240621

NOTE DETAILS NOT YET APPROVED BY THE VENDOR.
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