Flat
DESCRIPTION
For sale by auction. This spacious two double bedroom garden flat is located in an established residential cul-de-sac within easy reach of the M4, M32 and A4174 as well as Bristol city centre and Bath. The property is currently let to a long term tenant and would provide a good return on investment for any intending purchaser should they wish for the tenant to remain in situ.
Upon arrival at the property a pathway leads through the front garden to the front door of the property. Once inside in flat a hallway leads to the relevant rooms within the property. The spacious lounge is located at the front and overlooks the front garden, similarly the principal bedroom with built-in storage cupboard is also located at the front of the property. Head back into the hallway and at the rear of the flat you will find the kitchen/dining room. The kitchen itself is fitted with a range of wall and floor units as well as an integrated oven, electric hob and plumbing for a washing machine. A door from the kitchen leads to the
rear garden.
Also at the rear of the property is the second bedroom, this is unusual to have such a well proportioned second bedroom within this price range. The bedroom is a comfortable double bedroom which overlooks the rear garden. Completing the accommodation is the family bathroom, in brief the bathroom comprises a bath with shower over, WC and a wash hand basin, all of which are finished in classic white.
The garden at the rear is mainly laid to lawn, there is a gravelled area in one corner, this is perfect for a patio table and chairs and al-fresco dining.
Note: Please note, this property is of non-standard construction, an intending purchaser is advised to seek financial advice if a mortgage is required prior to submitting an offer
Length of lease: 125 years from 17.6.1991<br>Current ground rent: £10 pa<br>Ground rent review period: In accordance with the Lease<br>Current service charge: £327.51 pa<br>Service charge review period: In accordance with the Lease<br><br>This information is clarified in the legal pack
Please note, this property is of non-standard construction, an intending purchaser is advised to seek financial advice if a mortgage is required prior to submitting an offer
Leasehold. Subject to tenancy.
93
Auction Details
The sale of this property will take place on the stated date by way of Timed Auction 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.
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 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.
