Flat
DRAFT DETAILS - AWAITING APPROVAL
A one bedroomed apartment with far reaching views let at £500 per calendar month (£6,000 per annum).
The purpose built block of apartments benefits from a lift to all floors and residents parking. It is located within Southampton town centre and is just a 15 minute walk to the local train station, whilst also benefitting from being close to local shops and restaurants.
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Thought suitable as a Buy-to-Let investment opportunity subject to any restrictions contained within the lease. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Length of lease: 125 years from 1 January 1988. Current ground rent: TBC. Ground rent review period: TBC. Current service charge: TBC. Service charge review period: TBC.
This information should be clarified in the legal pack and we’ll update the information above when we receive it.
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 (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.
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 £1074 inc. VAT
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
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.
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.
