Flat
A one bedroomed first floor flat in purpose built block.
The flat is currently let out on an assured shorthold tenancy. The tenant has been in occupation for 14 years. Current rental income £370 per calendar month / £4,440 per annum.
Estimated current rental value of £495 per calendar month / £5,950 per annum.
Well placed for local amenities, parks and schooling and giving easy access to Corby town centre. Benefitting from gas central heating and uPVC double glazing.
We are informed by the seller that the service charges approx £33 per month. 125 years from 4 October 1993
An ideal addition to a property portfolio with income from day one.
With secure door with intercom system.
With two store cupboards, one housing a modern combi boiler.
With radiator, fireplace and window to front aspect.
With base and wall units, sink, oven and hob, appliance spaces, roll top work surfaces and window to rear aspect.
With radiator and window to front aspect.
With white suite comprising low flush w.c. wash hand basin and panel bath. Part tiled walls and extractor fan.
Lawned communal gardens and bin store.
Leasehold - 125 years from 4 October 1993. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Leasehold. Subject to tenancy.
£10
£399
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.
