Apartment
Property Description:
The block is designated student accommodation for occupation by key workers and students.
The flat is currently let on an assured periodic tenancy at £178 pw from 13/09/2025 until 04/09/2026 (equivalent to £9078 pa).
The seller has confirmed the managing agents have agreed a tenancy for the next academic year (12/09/2026 - 23/07/2027) at £188 pw.
Ground floor:
Security entry system, entrance foyer with lift and stairs to all floors.
Fourth Floor:
Kitchen and dining area, studio room, shower room, store cupboard.
Tenure:
Leasehold. Subject to tenancy.
Auction Details
The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale.
All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £2,100 inc. VAT
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 our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding 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.
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