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179 The Leadworks, Queens Road, Chester CH1 3BF

Lot no: 143a Withdrawn
 

Guide Price £110,000+ 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.

Thursday 26th January 2023

10.00am
Key Features
  • Two Bedroom Apartment
  • Underground Parking with One Allocated Space
  • Lift and Stair Access
  • Popular Development
  • EPC Rating: B
  • Council Tax Band: D
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Apartment

Property Description:


A two-bedroom apartment within a popular development in Chester (CH1) currently let producing £10,200 per annum.

A two-bedroom apartment situated in the Leadworks, a popular and convenient development on the outskirts of the City Centre. Within walking distance of the property, you’ll find an abundance of amenities and services including shopping facilities, a range of bars & restaurants, a number of the renowned city attractions and plenty of leisure facilities. Chester Racecourse is just over a mile from the property, there are numerous golf courses within easy reach and The River Dee is a short walk away, a popular feature of the City.

The building itself is well maintained throughout and benefits from secure key fob entry and underground parking with one allocated space. There is both lift and stair access throughout.

The apartment is currently let to a good tenant paying £850 per calendar month.

Buyers Fee

The buyers fee on this property is £4,200 inc VAT.

Draft Sales Details

These sales details are awaiting vendor approval.

Note

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.

Tenure:

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.