Flat
Potential high yield investment opportunity.
A superb buy to let investment opportunity to acquire a purpose built, two double bedroom, second floor apartment offered with immediate vacant possession. The well equipped apartment has the benefit of being Upvc double glazed, gas centrally heated and in brief comprises, communal ground floor entrance hall with intercom system, entrance passage, large open plan living lounge with fitted kitchen, two genuine double bedrooms and bathroom with a piece four piece suite in white with separate shower. Outside, there are well kept communal grounds. The property is situated in the context of an established residential location, with superb road network connections and nearby hospital.
With intercom system
We are informed by the seller, there is approx 94 years are remaining on the lease. Ground rent £10 per annum and service charge £253 per annum. Please seek verification from the legal pack.
Leasehold. Vacant possession upon completion.
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.
