Block of Apartments
A ground and first floor pair of flats with a large yard/garden, which may have potential for further development, subject to obtaining the necessary planning permissions.
Flat 2 - Open Plan Living Room/Kitchen, Bedroom and Bathroom.
Separate Entrance with Access to Garage.
Flat 1 - Living Room, Dining Kitchen, Three Bedrooms, Bathroom.
Large Rear Yard and Garden with Two Separate Entrances and Basement Garage.
We understand the property is Freehold and is being sold subject to existing tenancies.
Both tenancies are let on Assured Shorthold Tenancies.
Flat 1 - Let for the sum of £400 per calendar month - £4,800 per annum.
Flat 2 - Let for the sum of £300 per calendar month - £3,600 per annum.
Current Gross Rental Income: £8,400 per annum.
1. The hairdressers shop does not form part of the sale.
2. The Auctioneers have not had the opportunity to inspect the property prior to going to print and therefore the accommodation details should not be relied upon.
External viewings only.
Freehold. Subject to tenancy.
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 Fixed Fee.
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 auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s 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
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.
