Apartment
A two-bedroom apartment within a popular development in Chester (CH1) currently let producing £10,200 per annum.
A two-bedroom apartment situated in the Leadworks, a popular and convenient development on the outskirts of the City Centre. Within walking distance of the property, you will find an abundance of amenities and services including shopping facilities, a range of bars and restaurants, a number of the renowned city attractions and plenty of leisure facilities. Chester Racecourse is just over a mile from the property, there are numerous golf courses within easy reach and The River Dee is a short walk away, a popular feature of the City.
The building itself is well maintained throughout and benefits from secure key fob entry and underground parking with one allocated space. There is both lift and stair access throughout.
The apartment is currently let to a good tenant paying £850 per calendar month.
Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
The buyers fee on this property is £4,200 inc VAT.
These sales details are awaiting vendor approval.
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Leasehold. Subject to tenancy.
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 auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of £4,200 inc. VAT
The Buyers 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 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.
