Flat for sale in Shakespeare Road, Burton-On-Trent DE14

Summary
2-bedroom 1st floor maisonette, situated in the popular area of Horninglow, Burton-Upon-Trent. The apartment is sold with tenant in situ until 2025 on an assured shorthold tenancy producing a 10.4% annual yield. Offering spacious lounge, kitchen, 2 double bedrooms, family bathroom, and rear garden.

Description
Burchell Edwards are delighted to bring to market this 2-bedroom 1st floor maisonette apartment, situated in the popular area of Horninglow, Burton-Upon-Trent. The property is within walking distance of town centre shopping, as well as being a short drive to the A38 for commuters.
This property is offered with no onward chain complications and is already rented on an assured shorthold tenancy, producing 10.4% annual yield with tenant in situ until Jan 2025.
Providing a rear garden and its own private access, the current tenants use a grass verge at the edge of the property for off-road parking. The rear garden is lawned and enclosed by fencing/hedgerow, with brick-built outbuilding for outdoor storage.
Entry via a stairway to the 1st floor leads into an entrance hallway, with 2 double bedrooms leading off as well as a family bathroom with full 3-piece suite including mains shower over bath. The hallway also offers access to the insulated loft space housing the combi boiler.
Leading into the spacious and light reception room, this also leads off to the kitchen with fully fitted wall and base units. Viewing advised.

Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Entrance Hallway
Door to front elevation, built in storage cupboard, consumer unit and meters, loft access, central heating radiator and carpet.

Lounge/ Diner 13' 10" x 13' 6" ( 4.22m x 4.11m )
Double glazed window to front elevation, carpet and central heating radiator.

Kitchen 8' 8" x 9' 8" ( 2.64m x 2.95m )
Double glazed window to rear elevation, a range of wall and base units with work surface over incorporating a sink with drainer unit, electric oven, gas hob, extractor, tiling to splash prone areas, space for washing machine and dishwasher and central heating radiator.

Bedroom One 13' 11" x 9' 11" ( 4.24m x 3.02m )
Double glazed window to front elevation, carpet and central heating radiator.

Bedroom Two 11' 11" x 9' 9" ( 3.63m x 2.97m )
Double glazed window to rear elevation, carpet and central heating radiator.

Bathroom
Double glazed window to rear elevation, wash hand basin, W.C, mains shower over bath, tiling to splash prone areas, extractor and central heating radiator.

Loft Space
Combi boiler.

Rear Garden
Gated side access, laid lawn, two outhouses and stairs to front door.

Outhouse 11' 7" x 5' 6" ( 3.53m x 1.68m )
Brick built with double doors.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Potential buyers are advised to recheck the measurements before committing to any expense.
5. Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6. Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.