Maisonette
A first floor three bedroomed maisonette situated on the edge of the Jewellery Quarter, with accommodation set over two floors boasting three generous bedrooms, lounge/diner, refitted kitchen and refitted bathroom. The property would make a superb investment and would offer a prospective landlord a potential yield of around 10%.
We are informed by the vendor the lease has approximately 100 years remaining with service charges equating to £30 pcm. The lease details will be confirmed within the legal pack.
With staircase to first floor
9 ft 5 x 8 ft 10 (2.87m x 2.69m)
16 ft 6 maximum x 14 ft 8 maximum (5.03m maximum x 4.47m maximum)
With balcony access
With loft access and two built in storage cupboards
14 ft 8 x 9 ft 1 (4.47m x 2.77m)
11 ft 9 x 9 ft (3.58m x 2.74m)
11 ft 10 x 7 ft 2 maximum (3.61m x 2.18m maximum)
With balcony access
There is a communal entrance door with security intercom system which provides access to the main hall way with staircase leading to all floors.
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.
