Apartment
An end terrace house that has been converted to a form ground and first floor apartments. Both apartments are currently let on Assured Shorthold Tenancies. Each offers easily run one bed accommodation and there is off road parking to the rear off Pretoria Road. Good investment opportunity with current yield of approaching 8% per annum.
(Referred to as 8 Ladysmith Terrace only in the register entries)
With uPVC double glazed bay window to the front elevation,
fitted gas fire and coving.
With uPVC double glazed window to the rear elevation and electric storage heater.
With uPVC double glazed window to the side elevation a range of base cupboards and work surfacing with stainless steel sink and drainer with mixer tap over, integrated oven and hob with cooker hood over, tiled splashbacks.
With airing cupboard.
With obscure uPVC double glazed window to the side elevation, panelled bath with electric shower over, pedestal wash handbasin and low level WC, chrome heated towel rail, tiling
With stairs to the first floor hallway.
With uPVC double glazed window to the front elevation, fitted gas fire, electric storage heater, coving and over stairs cupboard.
With uPVC double glazed window to the rear elevation, electric storage heater
With uPVC double glazed window to the side elevation, a range of base cupboards and work surfacing with stainless steel sink and drainer with mixer tap over, integrated oven and hob with cooker hood over, tiled splashbacks and electric storage heater.
With airing cupboard and plumbing for washing machine.
With obscure uPVC double glazed window to the side elevation, panelled bath, wash handbasin and low level WC, Dimplex electric fan heater.
There is a gravelled off road parking area for two vehicles, to the rear off Pretoria Road with a pedestrian right of access over this for other properties in Ladysmith Terrace
See Legal Pack.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Conditional with Reservation Fee (England and Wales).
Contracts of sale will not be immediately exchanged. As the successful buyer, you will enter into a 40 business-day exclusivity agreement with the seller, in which to exchange contracts and complete. Please refer to our Auction Conduct Guide for further information on our auction types and sale methods.
All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Fees:
The following non- refundable auctioneers fee applies:
• Reservation Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
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 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.
