11 & 11a Kiln Bank Road, Market Drayton

PROPERTY Being offered with No Upward Chain, are these two One-Bedroom Apartments that are priced to sell. Ideal for First Time Buyers and Rental Investors alike, and are offered to the market through the Modern Method of Auction (details below).

Located within walking distance of Market Drayton town center, this attractive property is converted into two Apartments that share a ground floor Entrance Hall. Apartment 11 is to the ground floor, with an Open Plan Lounge/Kitchen with a good range of traditional units, oven with electric hob over, space for your washing machine and a tall fridge, and a good-size Lounge space with a sash-style window to the front. To the rear of the apartment is the Double Bedroom and the Shower Room.

A door from the Communal Hallway opens to the stairs to the first floor Landing of the newly updated first floor flat. Redecorated throughout, with new carpets, Kitchen and Shower Room, the accommodation has a light and bright feel with a generous Lounge space that has an arch through to the galley-style Kitchen with oven with gas hob over, and space for your washing machine and under counter fridge and freezer. There's a small Double Bedroom and there's a newly fitted Shower Room.

Externally, there's a small courtyard at the rear which is used for storage and bin store which is accessed through a passage way to the side of the property. To the front of the property is on-road Parking for one car - and the apartments are within walking distance of the town center and the town circular bus route.

The property could also be turned back into one family home with two or three bedrooms depending on the design you agree with your architect and any necessary permissions.

These apartments are being sold together as one Freehold property, so please let your Financial Advisor or Mortgage Provider aware of this. Both flats combined have a current monthly income of £715 equating to a 6.6% gross yield. We highly advise that you book a viewing so that you can appreciate for yourselves what a fantastic investment opportunity this property is! 

LOCATION Market Drayton is a busy market town with a weekly Wednesday street market whose charter dates back to 1245. The town has a High School, Indoor Swimming Pool, Doctors' Clinic, Dentists and a range of Cafes, Shops and Supermarkets. There's a good range of sports clubs including Squash, Tennis, Cricket and Football.

A wider range of shops and facilities can be found in via the A53 to Shrewsbury and Newcastle-under-Lyme, and the A41 links to Newport and Whitchurch. The nearest mainline train stations are at Crewe and Stoke-on-Trent, and the M6 is approximately a 30 minutes' drive.
 

ACCOMMODATION  

APT 11 - GROUND FLOOR  

LOUNGE 10' 1" x 9' 8" (3.07m x 2.95m)  

KITCHEN 10' 3" x 5' 0" (3.12m x 1.52m)  

BEDROOM 11' 0" x 6' 0" (3.35m x 1.83m)  

SHOWER ROOM 5' 10" x 5' 1" (1.78m x 1.55m)  

APT 11A - FIRST FLOOR  

LOUNGE AREA 11' 0" x 11' 2" (3.35m x 3.4m)  

KITCHEN AREA 9' 8" x 6' 6" (2.95m x 1.98m)  

BEDROOM 9' 8" x 7' 1" (2.95m x 2.16m)  

SHOWER ROOM 5' 9" x 5' 0" (1.75m x 1.52m)  

HOW TO FIND THE PROPERTY Turn left from our office in Maer Lane and turn left at the mini island onto Cheshire Street. At the next mini roundabout turn right onto Frogmore Road. Continue along Frogmore Road and onto Shropshire Street and turn left just next to the Oruna Indian restaurant onto Kiln Bank where you will find the property on the left hand side that can be identified by our for sale board. 

WHAT 3 WORDS LOCATION ///measures.ulterior.uncle 

VIEWING ARRANGEMENTS By arrangement with the Agents Office at Tower House, Maer Lane, Market Drayton, TF9 3SH
Tel: or email:  

LOCAL AUTHORITY Shropshire Council, Shirehall, Shrewsbury, SY2 6ND. Tel:  

EPC RATINGS - C & D The full Energy Performance Certificates (EPCs) are available for this property upon request. 

COUNCIL TAX - BOTH BAND A  

SERVICES We are advised that mains electric, water and drainage are available and No 11 is storage heaters and 11a is gas central heating . Barbers have not tested any apparatus, equipment, fittings etc or services to this property, so cannot confirm that they are in working order or fit for purpose. A buyer is recommended to obtain confirmation from their Surveyor or Solicitor. 

TENURE We are advised that the property is Freehold and the two apartments are being sold as one property. Please ensure your Financial Advisor or Mortgage Provider is aware of this. The Freehold status will be confirmed by the Vendors Solicitor during the Pre- Contract Enquiries. Both flats are currently tenanted. 

METHOD OF SALE - MODERN METHOD OF AUCTION This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase.

We do not require the purchaser to exchange contracts immediately, however from the date the Draft Contract is received by the buyers solicitor, the buyer is given 56 days in which to complete the transaction, with the aim being to exchange contracts within the first 28 days. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance.

Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Reservation Fee of 4.5% to a minimum of £6,600 including VAT, which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.

The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change.

Terms and conditions apply to the Modern Method of Auction, which is operated by West Midlands Property Auction powered by IAM Sold. (Reservation Fee is in addition to the final negotiated selling price.) I Am Sold Ltd - telephone: or email:  

PROPERTY INFORMATION We believe this information to be accurate, but it cannot be guaranteed. The fixtures, fittings, appliances and mains services have not been tested. If there is any point which is of particular importance please obtain professional confirmation. All measurements quoted are approximate. These particulars do not constitute a contract or part of a contract. 

AML REGULATIONS We are required by law to conduct anti-money laundering checks on all those buying a property. Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Movebutler who will contact you once you have had an offer accepted on a property you wish to buy. The cost of these checks is £30 (incl. VAT) per buyer, which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you in advance, ahead of us issuing a memorandum of sale, directly to Movebutler, and is non-refundable. 

PROPERTY INFORMATION We believe this information to be accurate, but it cannot be guaranteed. The fixtures, fittings, appliances and mains services have not been tested. If there is any point which is of particular importance please obtain professional confirmation. All measurements quoted are approximate. These particulars do not constitute a contract or part of a contract. 

BARBERS COPYRIGHT Unless we agree otherwise with you in writing, we hold the copyright on all photographic and video marketing material used to market this property and these should not be reproduced by any third party without our express consent. Furthermore, we reserve the right to use these for marketing initiatives in order to promote the property or the Company. We may use various options for marketing including all social media and mailing campaigns, all designed to help with the sale/rental of your property. 

INDEPENDENT MORTGAGE ADVICE To be sure that you have the most up-to-date information on suitable Mortgages available to you, we can arrange for you to meet with our Independent Mortgage Advisor from the Mortgage Advice Bureau. Please call our Market Drayton office for an appointment. 

RESIDENTIAL LETTINGS SERVICE Barbers are a long-established firm in the field of Residential Lettings and Property Management. Our Award-Winning team have a wealth of experience and knowledge, and we have a dedicated Property Management team responsible for managing over 800 properties in the local area. If you are interested in buying this or any other property as an investment, please contact us for more information on the services we can offer. 

MD