5 bedroom Terraced House in Chester

56 Catherine Street, Chester, CH1 4JZ
  • Lot No: 108
  • Property Type: Terraced House
  • Contract Type: Unconditional with Variable Fee
Humphreys of Chester

Guide Price* £130,000+ plus fees

Result Sold Prior to Auction

Property Description

DRAFT DETAILS. Three storey terraced property. We are informed by the vendor that the property is a fully compliant house of multiple occupation with five lettable bedrooms. The property is situated close to the University of Chester where there is a high demand for licensed houses of multiple occupation. We understand the property has been the subject of expenditure in recent years with the benefit of a general course of rewiring and replacement central heating boiler. We have been informed that the property currently has a 11 month tenancy agreement in place from 1st September 2019 to 31st July 2020 for £379.17pcm, and another from 8th February 2020 to 8th July 2020 at £368.33pcm. Totaling £6,012.52. However, there is no tenancy in place for after then. The auctioneers have not inspected the property but believe it to comprise:

Lettable Room One

12ft 2 x 10ft 5 With wash hand basin.


Sitting Room

13ft 2 x 10ft 9 with all mounted 'Worcester' boiler


Kitchen

10ft 5 x 8ft 10 With a range of fitted units


Bathroom

9ft x 4ft 11 With a three piece white suite.


Wc

With wash hand basin.


Lettable Room Two

10ft 4 x 8ft 10 With wash hand basin.


Lettable Room Three

13ft 1 x 8ft 6 With wash hand basin.


Lettable Room Four

13ft 10 x 12ft 2 max With wash hand basin.


Loft Room/Lettable Room Five

14ft 5 x 12ft 10 With skylight window and wash hand basin


Outside:

Rear yard.


Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. 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 all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction 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.

Auction Details

Date 30th April 2020

Venue National Property Auction
The auction will be conducted by our auctioneer, Andrew Parker, behind closed doors and broadcast live online with remote bidding only. Please visit the homepage of our website to submit a bid.,

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

56 Catherine Street, Chester, CH1 4JZ