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93 Garden Lane, Chester, CH1 4EY

Lot no: 1 Sold After Auction
 

Guide Price £70,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Tuesday 27th June 2017

2.00pm
Key Features
FIRST FLOOR FLAT REQUIRING REFURBISHMENT
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Sold After Auction

Flat

Property Description:

OPEN HOUSE VIEWING: Saturday 24th June 12:30 - 13:00

A spacious first floor flat, situated in an ideal location in the heart of Chester’s “Garden Quarter” close to local shops, restaurants and bars whilst also just a short stroll into Chester City Centre with an abundance of amenities on your doorstep. Accessed from the ground floor with its own private entrance door, this two bedroom flat does now require a full scheme of refurbishment but would make an excellent investment purchase either for buy to let or re-sale purposes, especially given it’s close proximity to Chester’s ever popular main University campus.

The accommodation comprises -

Ground Floor

Entrance Hall with stairs off

First Floor
Kitchen

An irregular shaped room and accurate measurements are unobtainable

Living Room 18’7”(max) x 11’8”(max) irregular shaped room
Bedroom 16’7” x 9’11”
Bedroom 10’11” x 8’7”
Bathroom
Auctioneers Note

The property is accessed off Cambrian Road and we understand the property to be leasehold held under a 999 year term from 1st July 2004. Full details can be found within the legal pack.

Tenure:

Leasehold. Vacant possession upon completion.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.