Detached house for sale in Branden Drive, Knutsford WA16

The property has been used as a yoga studio for many years with a current annual yield of £20,000, this however had not been reviewed for many years and we would expect that to be higher now.

We expect this property to be sold for residential development and interest to be high. The vendor has confirmed the price at offers over £550,000 with a reserve of £600,000.

The property is currently tenanted, so viewings are strictly by appointment. An auction pack can be obtained upon request.

The property is sold with no onward chain.

Auctioneer's Comments

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Tenure

We believe the tenure to be Freehold.