Flat
DRAFT DETAILS
A two bedroom first floor maisonette in a popular and convenient location.
The property would make an ideal potential buy to let with potential rental income of around £625 per calendar month/£7,500 per annum, based on comparable evidence.
The flat would benefit from modernisation.
A loft conversion, providing two rooms, has been done without consent and requires turning back to loft space, details of this Breach are contained within the Legal Pack.
Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
There is a great range of local amenities including shops, parks and schooling and good public transport and road links. A great buy to let investment.
With stairs rising to the first floor landing.
With access to all rooms.
With UPVC double glazed window and fireplace.
With a range of kitchen unit, worktops, sink, built in oven and hob, UPVC door to balcony.
Small outside space for sitting in the fresh air.
With UPVC double glazed window.
With UPVC double glazed window.
Having low flush w.c. wash hand basin and panel bath. Part tiled walls and UPVC double glazed window.
Enclosed garden to rear.
Length of lease: 125 years from 5 May 1997. Current ground rent: £10 p.a Ground rent review period: TBC Current service charge: £341.40 p.a Service charge review period: TBC. This information should be clarified in the legal pack and we’ll update the information above when we receive it.
The Buyer will buy the property subject to the breach of the lease terms regarding putting the loft room back to loft space.
Leasehold. Vacant possession upon completion.
£10
100
£341
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 (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.
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 £1074 inc. VAT
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
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.
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.
