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48 Stockwell House, The Connexion, Chaucer Street, Mansfield, NG18 5PB

Lot no: 38 Re-entry to a future auction
 

Guide Price £60,000+ 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.

Thursday 3rd May 2018

11.30am
Key Features
  • A well presented modern two bedroomed first floor apartment
  • Benefits from gas central heating, upvc double glazing
  • Allocated parking and communal grounds
  • Let at £450 per calendar month
  • EPC Rating: C
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Re-entry to a future auction

Apartment

Property Description:

DRAFT DETAILS: A well presented modern two bedroomed first floor apartment situated within close proximity of Mansfield town centre. The property benefits from gas central heating, uPVC double glazing, open plan lounge kitchen with integrated oven and hob, two double bedrooms, bathroom with three piece suite and a mains shower. Allocated parking and communal grounds around the development. Ideal investment opportunity. The property is currently let at £450 per calendar month.

The accommodation briefly comprises:

First Floor:
Entrance Hallway

With laminate wood flooring, radiator, storage cupboard housing combination boiler.

Open Plan Lounge Kitchen

23’9” x 8’9”
With uPVC double glazed window to the front aspect. The kitchen has a range of wall mounted and base units, roll edge working surfaces, single drainer sink unit, tiled splashback areas, radiator. There is a four ring gas hob, electric oven

Bedroom One

14’9” x 8’
With radiator, uPVC double glazed window to the front aspect.

Bedroom Two

11’3” x 7’10”
With radiator, uPVC double glazed window to the front aspect.

Bathroom

Comprising panelled bath with built in mains shower above, pedestal wash hand basin, low flush wc, radiator.

Outside

The Connexion development is approached via a remote access wrought iron gates. There is also an intercom system providing entry into communal areas around the development. There are communal gardens and there is an allocated parking space.

Note:

We believe the lease period is 199 years from 2003 and the annual service charge is £1,000 per annum.

Tenure:

Leasehold. Subject to tenancy.


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.