Flat
DRAFT DETAILS
An excellent buy-to-let investment opportunity to acquire a well appointed and equipped two bedroomed flat with accommodation arranged over two floors and located above a parade of shops with the distinct advantage of parking to the rear.
In our opinion the potential rental income is in the region of £6,300 to £6,600 per annum. Based on the current guide price this would represent a return of 13.6-14.3%. This will surely attract local and national investors.
Outside to the rear there is communal parking and the approach to the property is via a flight of steps and across a terrace leading to the property. Internally the flat consists of an entrance hall with staircase to first floor, well appointed fitted kitchen with grey gloss units and sitting room with understair storage cupboard. To the first floor there are two bedrooms and a bathroom with suite in white with shower.
Entered by door to front, built in cupboard and staircase to first floor.
With uPVC double glazed window, door leading out onto balcony, wall mounted heater, understair storage cupboard and television point.
With uPVC double glazed window. A well appointed modern fitted kitchen in grey gloss units comprises a range of wall mounted cupboards with matching base units, wood grain effect preparation surface with stainless steel sink and drainer, mixer tap and splashback tiling. Integrated appliances comprise a stainless steel electric oven with hob, plumbing for washing machine and space for fridge/freezer.
With built in cupboard.
With uPVC double glazed window, fitted wardrobe with hanging rail and wall mounted heater.
With uPVC double glazed window and wall mounted heater.
With uPVC double glazed window. Fitted with a three piece suite in white comprising a bath with Triton shower unit over and shower rail, low level wc, pedestal wash hand basin, tiling to the walls and laddered heated towel rail.
There is parking with communal car park area accessed off Bankfield Road. There are a flight of steps and a terrace area which leads to the property.
Vacant.
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 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.
