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34 The Wharf, New Crane Street, Chester CH1 4HZ

Lot no: 102 Postponed
 

Guide Price £100,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Tuesday 19th December 2023

10.00am
Key Features
  • Second Floor Apartment
  • Two Bedrooms
  • Intercom system and Lift
  • Rental income £1,000 pcm
  • Underground car park - One allocated parking spot
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Postponed

Apartment

Property Description:

A two-bedroom, second floor apartment in Chester.

A two-bedroom apartment situated within a popular development, overlooking the River Dee just on the edge of Chester City Centre. The property is surrounded by amenities and services including a selection of shops, bars, restaurants and transport links. There are a number of attractions within walking distance from the property including Chester Racecourse and Chester Golf Club and there are a range of retailers nearby with the Greyhound retail park also just a short walk away.

The property itself is located within a modern development, benefiting from a secure intercom system and lifts to each floor. There is also a secure underground car park with one allocated parking spot for the property.

We are informed the property will be let from 22nd December at £1,000 pcm.

Accommodation:
Hall
Kitchen / Lounge
Master Bedroom
En-Suite
Bedroom Two
Bathroom
Draft Sales Details

These sales details are awaiting vendor approval.

Note

Please be advised that further leasehold information has been requested, but is currently not available. Prospective buyers are advised to make all necessary independent enquiries before placing their bid, as this will be binding.

Tenure:

Leasehold. Subject to tenancy.

Ground Rent

£150

Unexpired Years

129

Annual Service Charge

£3,516



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.