Potential High Yielding Freehold Investment

Property Details Description ***POTENTIAL HIGH YIELDING FREEHOLD INVESTMENT*** A rare and exciting opportunity to a acquire a substantial property, formerly used as a supported living house with 9x bedrooms, with two storied accommodation to the front along with a further single storey extension to the rear, located close to the Racecourse and nearby amenities. The gas centrally heated and double glazed living accommodation in brief comprises:- Main entrance hall accessed from the rear with stairs, lounge, with 3x ground floor bedrooms, WC and separate bathroom. Located off the main hall is a dining area leading to a fitted kitchen, inner corridor with access to a laundry room, bedroom and computer room. To the rear the staff block comprises an office, bathroom and boardroom with fitted kitchen. To the first floor landing there 5x bedrooms (Room 9 is a self contained one bedroomed flat) and shower room. Outside there is a block paved driveway located to the side with an open central courtyard area located in front of the single storey addition. There is timber gated access leading to a generous sized enclosed rear garden with timber shed and fencing. The property is situated within the context of an established and strong letting location with excellent road network connections providing swift access onto the town centre and several retail parks. Costs Auction Details The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type. Binding contracts will be exchanged at the point of sale. All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws. Auction Deposit and Fees The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts: ¢ 10% deposit (subject to a minimum of £5,000) ¢ Buyers Fee of 1.2% inc. VAT of the purchase price (subject to a minimum of £1,500 inc. VAT) There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page. This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties). Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.