Flat
A first floor apartment situated in a popular location. Well placed for public transport links, Victoria Park, Queens Road shops and the city centre.
The apartment benefits from uPVC double glazing but would benefit from cosmetic upgrading.
A great buy to let investment with an estimated rental value of £500 per calendar month / £6,000 per annum once renovated. Giving a return of around 10%.
Giving access to -
Leading to -
With base and wall units, sink units, roll top work surfaces and window to the rear aspect.
With storage cupboard and window to the rear.
With window to the rear.
With white suite comprising of low flush wc, wash hand basin and panelled bath with shower attachment. Part tiled walls.
Well maintained gardens and parking to the rear.
We are informed by the seller that -
Lease- 125 years from 1979
Service Charges £88 per month
Ground Rent £75 per annum
The above can be verified in the legal pack.
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.
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