Flat
DRAFT DETAILS: A spacious apartment in a well maintained, purpose built block, in the highly regarded location of Stoneygate.
The property is well maintained throughout and in our opinion offers an easy conversion to a three bedroom apartment by splitting the lounge, which already has two windows. Estimated rental income for a three bedroom flat would be £675 pcm.
The apartment also benefits from a single garage in the block to the rear offering further potential rental income of around £50pcm.
Potential income of £725 pcm / £8700 per annum.
Stoneygate is a sought after location with boutique shops, lovely parks and great road networks to the City Centre, Train Station, Outer Ring Road and the Motorway network.
We are informed there is a crack to the south elevation which is being investigated by the management company.
In more detail-
6.11m x 3.50m
4.00m x 2.70m
5.23m x 3.51m
4.12m x 3.50m
2.82m x 1.74m
Beautiful lawned gardens with parking and single garage to the rear of the building.
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 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.
