£110,000 /Sale price

This two-bedroom terraced house, featuring a versatile loft conversion, presents an excellent investment opportunity and is offered for sale by auction, ideal for investors and cash buyers. The property is currently tenanted, ensuring immediate rental income and strong appeal in an area with consistently high rental demand. The spacious lounge benefits from good natural light, creating a welcoming living space, while the fitted kitchen provides scope for modernisation to further enhance value. The loft conversion offers flexibility and can be used as a third bedroom or a home office, catering to a range of tenant requirements. UPVC double glazing is installed throughout, contributing to energy efficiency and comfort. With its practical layout and significant potential to add value through updates and improvements, this property is well suited to buyers seeking a secure investment with the advantage of tenants already in place. Early viewing is highly recommended to appreciate the potential and attractive features of this property.IMPORTANT INFORMATIONBuying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.ANTI-MONEY LAUNDERING REGULATIONSIn accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.Additional FeesAdministration Charge - 2.5% inc VAT of the purchase price, subject to a minimum of £2500 inc VAT, payable on exchange of contracts.Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.EPC Rating: D