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24 Lanchester Gardens, Worksop, S80 2PN

Lot no: 12 Re-entry to a future auction
 

Guide Price £25,000+ 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 26th June 2018

11.30am
Key Features
  • One bedroomed ground floor apartment
  • Desirable residential location close to amenities
  • Benefits from double glazing and communal parking area
  • Previously let at £4200 per annum offering excellent investment potential
  • EPC Rating: C
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Re-entry to a future auction

Apartment

Property Description:

DRAFT DETAILS
One bedroomed ground floor apartment previously let yielding a rental of over 10% return, generating £4200 per annum. Situated within this desirable area of Worksop, close to a wide range of amenities and good transport links. Excellent investment potential. The property benefits from double glazing and there is a car park outside providing communal parking.

The auctioneers have not inspected the apartment but believe it to comprise:

Entrance Hall

With laminate flooring.

Lounge

11ft 7 x 9ft 7 plus recess
With double glazed window, laminate flooring, open aspect.

Kitchen

7ft 4 x 6ft 2
With matching wall and base units, roll edge worktop, single drainer sink unit with mixer tap over, space for cooker, washing machine and fridge, tiled surrounds and tiled flooring.

Bedroom

11ft 6 x 7ft 6
With wall mounted electric heater, laminate flooring and double glazed window.

Shower Room

Comprising shower cubicle, low flush wc, wall mounted wash hand basin with cupboard below having tiled surround, tiled flooring.

Outside

Communal parking area.

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.