Apartment
**EXCELLENT INVESTMENT OPPORTUNITY** This spacious two bedroom apartment in the popular Arc Apartments.
Briefly comprising of entrance hall, contemporary open plan lounge and kitchen with built-in appliances, two double bedrooms, modern fitted bathroom suite and the luxury of a private balcony. Perfect for those looking for serviced accommodation opportunities.
Located in the Arc Apartments the Arcadian. Within close proximity to amenities such as Grand Central and The Bullring.
The apartment is understood to be tenanted, details of which are awaited.
Entrance hall with electric heater, laminate flooring, built-in storage cupboard and ceiling light
Granite effect work surface, built-in wall and base units, stainless steel sink with drainer, integrated electric oven with integrated electric hob and over hob extractor. Canopy Laminate flooring and spotlights.
Patio double glazed door opening onto a balcony, double glazed windows, electric heater, laminate flooring and spotlights.
Double bedroom with double glazed door opening onto a balcony, double glazed window, electric heater, carpeted flooring, a built-in wardrobe and ceiling light.
Double bedroom with a double glazed door, opening onto a balcony. Double glazed window., electric heater, carpeted flooring, a built-in wardrobe and ceiling light.
Low level WC, panelled bath with mixer tap, shower over bath, wash hand basin with mixer tap, extractor fan and shaving point. Heated towel rail, tiled flooring and spotlights
Leasehold.
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 Variable Fee (England and Wales).
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 fees apply:
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s 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.
