Studio flat
A superb opportunity to purchase a well priced apartment in a handsome building situated to the South of Peterborough Centre.
Peterborough has a great range of shopping facilities and good transport link with direct trains to London Kings Cross and Birmingham New Street.
The property is in good order throughout and would make a great first time buy or excellent buy to let investment which has an estimated rental income of £400 PCM / £4800 per annum and offering a yield of 10%.
In more detail-
Intercom and window to the front aspect.
Refitted kitchen comprising of a range of matching wall and base level units, integrated oven and hob, sink unit, roll top work surfaces, electric radiator, windows to two aspects with far reaching views.
Comprising of a modern three piece suite to include bath with mixer tap and shower over, wash hand basin with taps over and tiled splashbacks, wc.
Allocated parking for one car.
Leasehold.
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.
