No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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2 bedroom terraced house

Sold STC
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Terraced house
2 bed
1 bath

Key information

Tenure: Ask agent
Council tax: Ask agent
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • Needs work but, would make an ideal rental property
  • Two spacious bedrooms
  • Separate lounge and dining room with a storage cupboard under the stairs
  • Front yard and rear garden.
*A ROUGH DIAMOND FOR ANY LANDLORD- FOR SALE VIA ONLINE MODERN AUCTION- FLOORPLAN AND VIRTUAL TOUR TO FOLLOW*

THIS IS AN IDEAL INVESTMENT PROPERTY which once modernised could earn landlords upwards of £450-£480 pcm by recent trends in the rental market. Comprising of: Lounge, storage cupboard under the stairs, kitchen with fitted units and a gas central heating boiler, landing with loft access, two bedrooms and family bathroom. Externally: Front yard and rear enclosed garden.

Close to Mansfield town centre, trainline, bus station, football club and major amenities.

VIEWING ESSENTIAL, YOU ARE BUYING THIS FOR ITS RENTAL POTENTIAL!


Accommodation -

Lounge - Entrance via a upvc double glazed door unit, exposed chimney breast, radiator and gas meter cupboard.

Dining Room - Exposed chimney breast, upvc window, radiator and access into the kitchen.

Kitchen - Fitted with a kitchen in need of modernisation but, a simple layout to work with. Upvc window and door to the side elevation and a wall mounted boiler.

Landing - Wood effect laminate flooring and radiator.

Master Bedroom - Upvc window to the front elevation, exposed chimney breast and radiator.

Bedroom Two - Upvc window to the rear, exposed chimney breast, built-in cupboard and radiator.

Family Bathroom - Three piece family bathroom comprising: panelled bath, low flush wc and wash hand basin. Tiled splash-backs, radiator and upvc window to the rear.

Externally - Low maintenance front and rear garden perfect for renting. Parking is available on road via a permit obtained from the local council.

Auction Important Information - Tenure Freehold

Auction Method: The auction for this property will be conducted online through our online-bidding platform. This is a Timed Auction, so there are no other lots being sold alongside this property. The timeslot for the auction is displayed on SDL Auctions website. To view this, search for the property on their website. Then click onto the property to view the property details. The time remaining to bid and end date of the auction is displayed on the page. You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed. When you place your bid, you are deemed to have agreed to SDL Auctions Buyers Terms (England & Wales) which are available on SDL Auctions website.


Auction type - Unconditional with Variable Fee If you are the highest bidder, you must exchange legally binding contracts for the sale when the auction for the property comes to an end. You must then pay the applicable fees and deposit. You must complete the sale within 20 business days unless the Special Conditions of Sale contained within the Legal Pack state otherwise.


Auction Fees The following non-refundable fees apply: Buyers Fee- payable on exchange of contracts. This is calculated as a percentage of the actual purchase price of the property. Either: (a) 4.8% (including VAT) of the purchase price, for properties up to and including £250,000 (b) 3.6% (including VAT) of the purchase price for properties sold for over £250,000 The Buyers Fee is subject always to a minimum of £6,000 (including VAT). The Buyers Fee does not contribute to the purchase price.


Deposit On exchange of contracts, you must pay a non-refundable deposit equal to 5% of the actual purchase price of the property, subject to a minimum of £5,000. The deposit contributes towards the purchase price.


Payment Method When you register to bid, you will be prompted to provide your payment details to SDL Auctions. In the event that you are the winning bidder, your card will automatically be charged a proportion of the Buyers Fee & Deposit. The payment will be calculated based on the guide price of the property, in line with the fee scale described above. Where the actual purchase price is higher than the guide price, you will be required to pay the difference immediately after the end of the auction, which can be paid by debit card or bank transfer. Payment by cash or cheque will not be accepted. Example: You win the bid on a property with a guide price of £150,000, but the actual purchase price


is £170,000. At this point your bid is successful you will be charged as follows: Buyers Fee of £7,200- 4.8% of guide price Deposit of £7,500- 5% of the guide price As the actual purchase price amounted to £170,000, after the auction, you will be required to pay the following additional amounts on top of the initial payment: £960 for Buyers Fee shortfall (£8160 due as 4.8% of actual purchase price) £1,000 for Deposit shortfall (£8500 due as 5% of actual purchase price)


Legal Pack Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate. To view the legal pack, first search for the property on SDL Auctions website and click onto the property to view the property details. There will be a sub-heading Legal Documents. Underneath this, you will be prompted to Log in to view the legal documents. Follow this link, you will then be directed to create an account with Auction Passport to view the documents. The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale. It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.


Special Conditions of Sale The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of SDL Auctions terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.


Registration Process To register to bid on the property, search for the lot on SDL Auctions website. Click onto the property, follow the link to Log in/register to bid , and you will then be directed to create an account with the online-bidding platform provider, EIG.

Property information from this agent

Places of interest

    Since opening in October 2011, the Mansfield branch which is owned and run by Jordan Mariner on Market Street and has been servicing a wide area including: Mansfield, Mansfield Woodhouse, Warsop, Pleasley, Glapwell, Shirebrook, Ollerton, Edwinstowe, Kirkby in Ashfield, Skegby and Sutton in Ashfield (further locations maybe considered - contact us for further information).  Having built the branch from scratch in the town originally alongside Bellway Homes, Newton Fallowell is now one of the fastest selling agents in Mansfield, with over 80 FIVE star ratings from clients on Google, Yell.com, Rateragent, Allagents, Facebook, Thomson Local plus many more. Offering a property one-stop shop with residential sales, independent mortgage advice and conveyancing, the branch is situated next to a public car park, alongside The Swan pub and across from Mansfield Town Hall. “We are proud to give customers a personal, yet professional, service which is maintained from start to finish. We are recommended time after time for our enthusiasm and deliver lots of energy, a bold and vibrant brand, with highly trained staff and expert knowledge."

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    *DISCLAIMER

    Property reference 30323358. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Newton Fallowell - Mansfield.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.