An excellent opportunity to acquire a prominent 4 storey mid terrace house close to the beachfront and in need of modernisation. The property offers the potential to add significant value once renovated and could generate a handsome rental income for the incoming landlord / developer.

The current layout briefly comprises of the lower ground floor which has a reception room, study, kitchen and storage, the ground floor offers 2 reception rooms and a bathroom, to the first floor there are 3 bedrooms plus an additional bedroom on the second floor. To the rear there is a garden.

Offering close to 2,000 sq ft of accommodation this property is a superb opportunity for an investor / developer and comes with huge potential.

The property comes with planning permission for full refurbishment (please see legal pack for details)

Locally the beach is a mere stroll away, the train station within 1 mile, and there is easy access to the A1, A17 and A47 road network. There is a wide range of local shops, restaurants as well as local amenities and facilities within easy reach.

Auction Details:

The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.

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 auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT). 

The Buyers 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.