Maisonette
Occupying a popular and convenient residential location is a purpose built one bedroomed first floor maisonette, offered for sale with immediate vacant possession.
We are informed by the seller, the property was previously let at £525 per calendar month (£6,300 per annum). This would represent an impressive 9.69% return based on the guide price.
Internally the well maintained living accommodation has the benefit of being uPVC double glazed, gas centrally heated and in brief comprises ground floor entrance with staircase to first floor, landing with large storage cupboard, lounge, bedroom, fitted kitchen and bathroom. Outside to the rear there is a garden with lawn.
The property is situated within the context of an established residential location, conveniently positioned for the town centre.
Potential buy-to-let investment opportunity.
With staircase leading to -
6ft 10 x 2ft 4
6ft 8 x 5ft 1
12ft 10 x 12ft 2 into chimney recess
9ft 3 x 6ft 8
12ft 5 10ft
6ft 8 x 6ft 6
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.
Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack. The vendor has advised the remaining time on the lease is 125 years from 1st October 2012.
These sales details are awaiting vendor approval.
Leasehold. Vacant possession upon completion.
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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.
