Studio flat
This property is offered with no upward chain and views onto the courtyard. The property benefits from original features and high ceilings; this is city living at its best. Located in the Jewellery Quarter close to the train station and St Pauls Square. Excellent investment opportunity or first time buy. Located in the popular New York style New Hampton Lofts development within close proximity to the amenities of the city centre.
The property is let on an assured shorthold agreement at a rent of £1,800 per quarter.
Granite effect work surface, built-in wall and base units, stainless steel sink with drainer, integrated electric oven with integrated electric hob and over hob extractor canopy, integrated fridge, freezer. Electric heater, laminate flooring and ceiling light.
Open plan lounge with large double glazed windows offering excellent natural light and internal courtyard views, electric heating, built-in storage cupboard and ceiling light.
Double bedroom area with electric heater, carpeted flooring, sliding door wardrobe and ceiling light.
Low level wc, single enclosed shower cubicle, wash hand basin, extractor fan and shaving point. Heated towel rail, tiled flooring and ceiling light.
The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.
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 Variable Fee (England and Wales).
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 fees apply:
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
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 Price
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.
