2 x 1 bedroom flats within a semi detached property. Each flat is self-contained having parking for two vehicles and gardens. Current rents are £575 pcm for each flat, so gross income £13,800 pa. Flats are in reasonable condition, no works required.

Description:

A two storey semi detached property divided into separate ground and first floor one bedroom flats with gardens and two allocated parking spaces per flat. Each flat had independent access with its own gas & electric supplies. The current rents are £575 pcm for each flat, with a gross income £13,800 pa.

Location:

The property is situated on Red Bank within the residential area of Market Drayton having local amenities on Shrewsbury Road such as Tesco Express, One Stop, Pets first and Shepley Family Butchers along with Market Drayton Junior School. Market Drayton is situated on A53 between Newcastle-under-Lyme and Shrewsbury.

Accommodation:

Ground Floor Flat (number 2)
Lounge : 116 sq ft (10.71 sq m)
Kitchen : 123 sq ft (11.46 sq m)
Bedroom : 150 sq ft (13.91 sq m)
Bathroom : 49 sq ft (4.59 sq m)
Store : 25 sq ft (2.33 sq m)

First Floor Flat (number 4)
Lounge : 144 sq ft (13.36 sq m)
Kitchen : 80 sq ft (7.39 sq m)
Bedroom : 110 sq ft (10.21 sq m)
Bathroom : 46 sq ft (4.33 sq m)

Outside - each flat has a garden area and 2 parking spaces.

Legal Pack:

Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty. It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The legal pack can be viewed online via our website www.buttersjohnbee.com. Legal packs can also be viewed at the selling office. These documents should be passed to your legal adviser as they will help you make an informed decision about the lot. If you need further legal information please contact the vendor's solicitor whose details will be in the auction catalogue. Remember that you buy subject to all documentation and terms of contract whether or not you have read them.

Internet, Telephone & Proxy Bidding:

Interested in this lot but can't attend the auction? You can bid by internet, telephone or by proxy by pre-registering with our auction department on 0800 090 2200 or email auction@bjbmail.com. Further details are available in the catalogue.

Guide Price:

An indication of the seller's 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 Price:

The seller's 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.

Butters John Bee Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering purchasing your property in order to rent, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.

Butters John Bee Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.