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Flat
A spacious two bedroom apartment in regarded location.
A superb, spacious, two bedroom apartment in an enviable position with views over Victoria Park.
Located on the first floor of this popular purpose built block with communal gardens, parking and garage to rear. Gas central heating with traditional boiler.
Offered let on an assured shorthold tenancy to a good, long standing tenant at £702 per calendar month including the garage. Total £8,424 per annum. Please see legal pack for more information.
Well placed for the bars, restaurants and shops of Queens Road and giving easy access to the Train Station and city centre.
An ideal investment opportunity.
With secure entry door and intercom system.
Communal Lawned Gardens, Residents Parking, Single Garage
Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack. Ground Rent: £70 per annum. Current Service Charge has been fully paid up to 31st July 2023 with a proposed service charge from 1st August 2023 of £133.33 per calendar month. Lease Remaining: 50 years remaining.
The property is not suitable for HMO licence. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Leasehold. Subject to tenancy.
£70
50
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.
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 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.
