Flat
Two bedroom flat, let producing £8,700 per annum.
Top floor apartment offering spacious accommodation within a popular development and sought-after location. The local area is well serviced by many local independent shops, supermarkets and popular eateries. Transport links include a popular bus network, Whitefield Metrolink and good road links. Outdoor spaces include Whitefield Park and Springfield Park. The property is offered as an investment, let on an AST at £725pcm, making it an excellent opportunity for a landlord. The property also comes with it’s own private garage.
Please be advised that the auctioneers have not personally inspected the property and there is no access available for viewing. Prospective buyers, particularly those relying on financing options who may require a survey, are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
999 years from 6 November 1973. We are informed the service charge is £47 pcm. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Leasehold. Subject to tenancy.
949
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 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.
