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Lot 220

Guide Price: £65,000 - Bid Now

27-29 Main Street, Douglas, ML11 0QW


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Key Features:

*** Residential Development Project - Partially Finished internally *** Traditional END TERRACED Villa offering super investment and development project. Internal works have commenced with the property (as pictured) and finishing will be required to provide a 2 bedroom ground floor flat and 3 bedroom upper flat - Bathrooms installed in both properties. 1ST and 2ND floors require refurbishment prior to habitation


  • *** Super PRICE and OPPORTUNITY *** Genuine Sale opportunity and should appeal to developers and investors looking to complete a project which has vast potential and is located within the popular village of Douglas. Close to M74 motorway connections. Facing local butchers. Over £80,000 worth of repairs have already been completed
  • New windows, roof joists (re-roofed), walls lined internally, electrics (throughout fully re-wired), new kitchen space, bathrooms and flooring. Large enclosed garden area to the rear. Property bought for own personal use. Change of circumstances hence sale at accurate guide price
  • Beautiful open outlooks from the rear of property across the Douglas Water and surrounding farmland. French doors on first floor. Really good opportunity for development rarely entered into auction at this stage. Viewings available at the property to gauge the remaining level of finishing. Kitchens and bathrooms installed in both properties
  • Excellent rental potential circa £1,000 per month. PROPERTY IS OVER THREE FLOORS. Central for professionals for commuting to Ayr only 40 minutes and Castle Douglas only 40 minutes, Prestwick 45 minutes, Dumfries 60 minutes approx. Recommended investment opportunity providing opportunity to generate a high yield/return. Price set for Quick Auction Sale


Ownership

Freehold

- Outright ownership of the property and land on which it stands.
Occupation

Vacant

- Full vacant possession offered at time of completion.
Council Tax

Search Council Records

- Click the above link to search the latest records for this post code. The Scottish Assessors Portal provides Council Tax and Rates for all properties in Scotland.


Full Details:

*** Residential Development Project - Partially Finished internally *** Traditional END TERRACED VILLA offering super investment and development project. Internal works have commenced with the property (as pictured) and finishing will be required to provide a 2 bedroom ground floor flat and 3 bedroom upper flat - Bathrooms installed in both properties. 1ST and 2ND floors require refurbishment prior to habitation *** Super PRICE and OPPORTUNITY *** Genuine Sale opportunity and should appeal to developers and investors looking to complete a project which has vast potential and is located within the popular village of Douglas. Close to M74 motorway connections. Facing local butchers. Over £80k worth of repairs have been completed. New windows, roof joists (re-roofed), walls lined internally, electrics (throughout fully re-wired), new kitchen space, bathrooms and flooring. Large enclosed garden area to the rear. Property bought for own personal use. Change of circumstances hence sale at accurate guide price

Guide Price: £65,000 - Bid Now


What is a Guide Price...

Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Unless specified all properties are subject to a Reserve (minimum acceptable price) which we expect will be set no more than 10% above or below the advertised guide.

Bid Now Explained...

You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Map & Location:


Beautiful open outlooks from the rear of property across the Douglas Water and surrounding farmland. French doors on first floor. Really good opportunity for development rarely entered into auction at this stage. Viewings available at the property to gauge the remaining level of finishing. Kitchens and bathrooms installed in both properties. Excellent rental potential circa £1,000 per month. PROPERTY IS OVER THREE FLOORS. Central for professionals for commuting to Ayr only 40 minutes and Castle Douglas only 40 minutes, Prestwick 45 minutes, Dumfries 60 minutes approx. Recommended investment opportunity providing opportunity to generate a high yield/return. Price set for Quick Auction Sale

Viewings:


Internal Open Viewings...


This property may be open for internal viewings at specified times which will be listed on this page when available. You do not need to register to attend these viewings, you can simply turn up as the property will be open during the scheduled times. Our viewing agent will be present to answer any of your questions and provide auction catalogues to viewers.

External Viewings Anytime...


You may view this property externally at any time. Please make sure that if the property is occupied or tenanted that you respect the privacy of the occupants. Additionally we advise that you print a copy of this schedule and take it with you in case of any neighbours questioning you at the property as to your intentions.

Auction Details:



  • Auction Date...

    04 February 2019


  • Start Time...

    7.30pm


  • Auction Location...

  • Glasgow Radisson Hotel

  • 301 Argyle Street, G2 8DL


Directions...

Glasgow Radisson | Edinburgh Marriott


Registration...

You will need to be at the auction prior to the 7.00pm start time in order to register & make your way to the auction room. Bidding registration opens from 6:00pm. You will be required to present Photo ID and provide your contact and solicitor details in order to register.

Legal Packs...

All legal packs will be available for inspection at our offices on the day of the auction and at the auction hall from 6:00pm.

Deposits...

If you are a successful purchaser of a lot then a deposit of 10% (minimum £3,000 or lower if specified) will be required. The deposit is accepted by the following methods:

Deposit Method...

Switch, Debit Card, Credit Card, Cash or Bankers Draft accepted only. Next Day Bank Transfer by prior arrangement only.

How To Bid:


Offer Now...

You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Bid Live in Person...

Easily the best method is to attend the auction in person. The Glasgow Radisson is conveniently located in the Glasgow City Centre, a short walk from the Central Train Station and easily accessed from the M8 Motorway. The Edinburgh Marriott Hotel is conveniently located just minutes from Edinburgh Airport and the city centre.

Bid by Phone Live...

If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...
Proxy & Phone bidders phone... Download the Telephone Bidders Form

Bid by Proxy... (Ebay Style Highest Bid)

This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Proxy Bidders Form