Studio flat
Situated in the sought after Five Lamps area, close to the city centre and the fashionable Friar Gate area, is a purpose built, self contained first floor flat.
Internally the accommodation in brief comprises of entrance hall with storage cupboard, lounge through diner, fitted kitchen, bedroom and shower room. To the rear of the block is a residents parking area.
Offered for sale with immediate vacant possession.
Having a useful storage cupboard, door to lounge and a further door opening through to the shower room.
Having a wc, corner shower tray, wall mounted hand wash basin with tiled splashbacks and ceiling light point.
Having a window to the side aspect, further window to the rear aspect, ceiling light point, storage heater and wide opening through to the kitchen.
Fitted with a range of base cupboards, drawers and wall mounted cabinets, worktops incorporating a stainless steel sink, tiled splashbacks, ceiling light point, space for electric cooker and space for fridge.
An opening from the lounge leads to the bedroom area which has a window to the rear aspect and useful storage cupboard.
125 years from 1 March 1990. 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.
These sales details are awaiting vendor approval.
Leasehold. Vacant possession upon completion.
£40
89
£1,560
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.
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 (subject to a minimum of £6,000 inc. VAT).
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.
