Apartment
DRAFT DETAILS - A one bedroomed city centre apartment situated on the 11th floor of this iconic building, benefitting from a balcony with stunning views across Abbey Park and as far as Bradgate Park.
Offering comfortable, modern living and in a great location, the property must be seen to be appreciated.
Well presented and modernised throughout and inclusive of all furniture and appliances. Ready to rent.
An ideal buy to let investment with an estimated rental value of around £650 per calendar month/£7,800 per annum. Offering a return of around 12% at the current guide price.
The development also has a concierge service.
Situated in the city centre with a vast array of shops, bars and restaurants close by but with Abbey Park two minutes walks away. The bus station and train station are both within an easy walk.
With concierge desk, post boxes and both lift and stairs.
Intercom system, electric heater and wood flooring.
Kitchen area fitted with wall and base units, sink and drainer, work surfaces, electric oven and hob with extractor hood over. Electric heater. Wooden flooring, windows to two aspects with stunning views and patio doors opening onto the balcony.
A superb outside space with 180 degree views over Abbey Park and towards Old John at Bradgate Park.
Double glazed window to the side with views and electric heater.
Bath with mixer taps and shower over, wash hand basin, w.c., extractor fan, shaver point, tiled floor and part tiled walls and heated towel rail.
Vacant.
The lease details are 150 years from 24 June 2006.
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.
