Flat
A one bedroomed duplex flat being an ideal investment or first time buy, located within 10-15 minutes of the city centre with strong transport links. We are informed by the seller that it was previously achieving £500 per calendar month.
Upon entry, you are welcomed into the lounge diner offering access to the kitchen with fitted units, lobby, airing cupboard and bathroom. The lounge hosts cast iron spiral stairs that lead up to the double bedroom with access to the eaves for storage.
The property also offers parking in the communal car park to the rear.
UPVC double glazed opaque front door. UPVC double glazed window. Wall mounted electric heater. Cast iron spiral stair case leading up to Bedroom.
Access to storage cupboard housing water tank (0.62 x 0.81 m approx)
UPVC double glazed window. Fitted wall and base units. Stainless steel sink with dual heat tap. Space and point for cooker with extractor fan above. Space and point for freestanding fridge freezer. Space and plumbing for automatic washing machine. Partially tiled walls.
Double glazed opaque window. Bath with hot and cold tap and handheld shower unit above. Sink with hot and cold tap. W/C. Wall mounted towel electric radiator. Partially tiled walls.
UPVC double glazed window. Wall mounted electric heater. Access into eaves for further storage (1.13 x 3.99 m approx)
Allocated parking to rear of apartment.
99 years from 1 January 1976. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Please be advised that whilst our joint agent has conducted an inspection, 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.
Leasehold. Vacant possession upon completion.
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. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers 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 Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
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 (and any applicable Home Report for residential Scottish properties).
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.
