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51A Watergate Row South, Chester CH1 2LE

Lot no: 101 Re-entry to a future auction
 

Guide Price £175,000+ 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 20th December 2022

10.00am
Key Features
  • Two bedrooms
  • Heart of Chester
  • Close proximity to shopping facilities
  • EPC Rating: D
  • Council Tax Band: C
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Re-entry to a future auction

Flat

Property Description:

Top floor flat with secure parking in city centre location.

A large two bedroom flat forming part of a beautiful black and white timber fronted building located along Watergate Street in the heart of Chester. The accommodation retains a wealth of character features to include ornate plaster work, exposed beams and wall timbers, a central feature staircase and mullioned leaded windows. The property benefits from gas fired central heating and externally there is a flagged driveway. The local area offers a wide range of shopping facilities together with wine bars, restaurants, cafes and public houses while the River Dee offers a range of recreational facilities including pleasant walks across the meadows. The Roodee Racecourse boasts one of the cities main social events at the May meeting and other meetings at various times throughout the year. As well as the extensive shopping and leisure facilities in the city, which include health and fitness centres, a tennis club, golf clubs, museums and parks, there is easy access to the Chester southerly bypass to North Wales and M53 motorway. Chester's main station has regular train services and a two hour intercity service to London Euston. Both Liverpool and Manchester are within easy reach and served with international airports.

Please note:

Buyers fee is 2.4%(inc VAT) of purchase price, not usual buyers fee of £1,074(inc VAT)

Living room: 7.01m x 2.72m extending to 4.29m
Kitchen: 3.71m x 2.72m
Dining Room: 3.53m x 2.67m
Bedroom One: 5.59m x 4.95m
Bedroom Two: 3.63m x 2.97m
Study: 2.62m x 2.31m
Bathroom
WC: 1.52m x 1.04m
Leasehold Information

Leasehold term is 125 years from 1992 (95 years remaining). Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Tenure:

Leasehold. Vacant possession upon completion.

Unexpired Years

95



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.