Block of Apartments
The property has been recently fully renovated by taking it back to brick and being comprehensively refurbished including wiring, heating, communal areas and each flat has undergone a full renovation with new kitchens, shower rooms, décor and flooring. Each kitchen is fitted with a modern range of base and wall units, ceramic hob, microwave oven, fridge and stainless steel sink. The shower rooms are well equipped and fully tiled.
The block is fully let at approx £59,000 per annum and offers a return of over 8%.
The landlord pays for water, gas and WiFi and the tenants pay for electricity and council tax.
There is a good sized back garden and parking for up to four cars on the car park to the front.
The property is situated on a desirable road and is only 500 yards from John Lewis and the town centre and plenty of shops, bars, restaurants and train station are only a few minutes walk away.
In more detail-
With electricity meter cupboard and stairs to first floor.
Open plan lounge, kitchen, bedroom and separate shower room.
Open plan lounge, kitchen, bedroom and separate shower room.
Open plan lounge, kitchen, bedroom and separate shower room.
Open plan lounge, kitchen, bedroom and separate shower room.
Open plan lounge, kitchen, bedroom and separate shower room.
Having accommodation comprising -
Leading to -
Open plan lounge, kitchen, bedroom and separate shower room.
Open plan lounge, kitchen, bedroom and separate shower room.
Open plan lounge, kitchen, bedroom and separate shower room.
Open plan lounge, kitchen, bedroom and separate shower room.
Open plan lounge, kitchen, bedroom and separate shower room.
Communal garden to the rear with patio and lawn.
Car parking for up to four cars to the front of the property.
Freehold.
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.
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