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16 Victoria Court, Victoria Drive, Birkenhead, CH42 1RR

Lot no: 155 Sold Prior to Auction
 

Guide Price £37,500+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 29th April 2021

10.00am
Key Features
  • One-Bedroom Top Floor Flat
  • Excellent Modern Condition
  • Great location - Private parking
  • Over 13% Yield Potential
  • EPC Rating: C
  • Recently rented for £425 PCM
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Sold Prior to Auction

Flat

Property Description:

One-bedroom top floor flat in excellent condition, ready to rent out and can achieve £425 pcm. Great central location in Rock Ferry, close to all local amenities.

Can be sold fully furnished ready to rent.

Lounge 3.536 x 2.265 mtrs
Kitchen 1.749 x 4.226 mtrs
Bedroom 3.948 x 2.333 mtrs into recess
Bathroom 1.674 x 2.478 mtrs into recess
Occupancy

Vacant

Tenure:

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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