Apartment
A fantastic opportunity for an investor looking for a buy to let opportunity or would be a great first time buy or a retirement apartment. A rental income of £575 to £625 PCM would be achievable but is subject to the market conditions.
The apartment offers well-presented and well proportioned accommodation with a secure telecom entrance. The accommodation flow with an entrance hall leading into the open plan fitted kitchen with lounge area, two bedrooms, and a bathroom.
Moorlands Heights has an allocated parking space and also the use of a secure communal garden.
The property is located on the edge of a popular residential development of Biddulph. The apartment is close to the beautiful countryside but is also only a short journey from the town.
Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Leasehold. Vacant possession upon completion.
£1,600
107
£1,392
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.
