Ground floor maisonette
DRAFT DETAILS - A ground floor maisonette situated in a popular and convenient location, ideal first time buy or great buy-to-let investment which would make a great addition to any investment portfolio.
Offered with vacant possession but previously let at £450 per calendar month/£5,400 per annum which would give a yield of 11% at the current guide price.
Close to shops, parks, schools and the town centre.
The flat is freehold and owns the freehold of the whole building and therefore benefits from a ground rent income from the upstairs flat.
In more detail -
With windows to the front and side and front entrance door.
With base and wall units, worktops, oven, hob and extractor, appliance spaces, sink unit and window to the side.
With laminate wood flooring.
Having a modern three piece suite comprising low flush ww, wash hand basin and separate shower cubicle. Part tiled walls and floor.
There is rear gated access to a small yard and bin store area.
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.
