Welcome to 28 Finn Avenue, Carlisle, a cozy and compact terraced type home with 2 bed in the CA2 7BN area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band A.
This classic property was built 1930-1949 and has a reported internal area of 73.5 internal square metres
The local area is known for its high value-to-quality ratio -
with a market valuation of £42,250 and a rental potential of £275 per month,
,
it represents not just a residence but a worthwhile investment in a sought-after area.
You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.
In addition to our own current description, this property has received a tailor-made description dated to Oct 24, 2024. It's possible the property has changed since then,
but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.
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To be sold via online auction on Thursday 17th October 2024 at 13 00pm. The auction will run for 30 minutes. Register to bid today.
Please note that the Auction will be an online auction via our website with remote bidding. You must preregister to bid. Reservation Fee Applies.
All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.
For further information including viewing times and legal packs please visit our website.
Rutter Green are pleased to bring to the Online Auction a well presented semi detached property which benefits from two reception rooms, a small outside yard area which has AstroTurf laid to give garden look. Excellent large and tiled bathroom, with gas central heating. Sold with tenant in situ, so the ideal opportunity for property investors, and those looking to build their portfolio of properties. For more information call the office on or email .
Monthly Rental Income £708
Annual Rental Income £8496
Gross Rental Yield 12%
Disclaimer
For sale by Unconditional Online Auction.
Terms
Auction Method
The auction for this property will be conducted online through our online bidding platform. This is a Timed Auction , so there are no other lots being sold alongside this property.
The timeslot for the auction is displayed on Rutter Green s website. To view this, search for the property on their website. Then click onto the property to view the property details. The time remaining to bid and end date of the auction is displayed on the page.
You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.
When you place your bid, you are deemed to have agreed to Rutter Green s Buyers Terms England & Wales which are available on
Auction type Unconditional with Fixed Fee
If you are the highest bidder, you must exchange legally binding contracts for the sale when the Auction for the property comes to an end. You must then pay the applicable fees and deposit. You must complete the sale within 20 business days unless the Special Conditions of Sale contained within the Legal Pack state otherwise.
Auction Fees
The following non refundable fees apply
Buyer s Fee payable on exchange of contracts. This is calculated as a percentage of the actual purchase price of the property. Either
a 4.8% including VAT of the purchase price, for properties up to and including £250,000
b 3.6% including VAT of the purchase price for properties sold for over £250,000
The Buyer s Fee is subject always to a minimum of £6,000 including VAT . The Buyer s Fee does not contribute to the purchase price.
Deposit
On exchange of contracts, you must pay a non refundable deposit equal to 10% of the actual purchase price of the property, subject to a minimum of £5,000. The deposit contributes towards the purchase price.
Payment Method
When you register to bid, you will be prompted to provide your payment details to Rutter Green. In the event that you are the winning bidder, your card will automatically be charged a proportion of the Buyer s Fee. The payment will be calculated based on the guide price of the property, in line with the fee scale described above. Where the actual purchase price is higher than the guide price, you will be required to pay the difference immediately after the end of the auction, which can be paid by debit card or bank transfer. Payment by cash or cheque will not be accepted.
Example You win the bid on a property with a guide price of £150,000, but the actual purchase price is £170,000. At this point your bid is successful you will be charged as follows
Buyer s Fee of £7,200 4.8% of guide price
Deposit of £7,500 5% of the guide price
As the actual purchase price amounted to £170,000, after the auction, you will be required to pay the following additional amounts on top of the initial payment
£960 for Buyer s Fee shortfall £8160 due as 4.8% of actual purchase price
£1,000 for Deposit shortfall £8500 due as 5% of actual purchase price
Legal Pack
Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.
To view the legal pack, first search for the property on Rutter Green s website and click onto the property to view the property details. There will be a sub heading Data Room . Underneath this, you will be prompted to Log in to view the legal documents . Follow this link, you will then be directed to create an account with Auction Passport to view the documents.
The legal pack can change at any time up until the Auction starts so you must check for the most recent version of the legal pack. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale. It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.
Special Conditions of Sale
The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property they are not part of Rutter Green s terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.
Registration Process
To register to bid on the property, search for the lot on Rutter Green s website. Click onto the property, follow the link to Log in register to bid , and you will then be directed to create an account with the online bidding platform provider, Offr.
EPC Rating D"
Tax band A
156 sqm plot
