Apartment
A one bedroomed apartment situated within a popular, modern development in Wath Upon Dearne.
Humphry Davy House is situated just off Golden Smithies Lane, just over one mile from both Wath Upon Dearne town centre and Mexborough town centre. All necessary amenities and services can be found nearby including shopping facilities, transport links and a number of popular pubs, bars and eateries. Dearne Valley College is within walking distance and Montagu Hospital is within close proximity. There are a number of leisure facilities in the area and excellent access to plenty of outdoor spaces including Manvers Lake. Transport links include good road links, a regular bus network and train services, which operate from Mexborough and Swinton.
The property is currently let at £525 per calendar month (£6,300 per annum). Further details can be found in the legal pack. Evidence of rental increase from the amount confirmed within the legal pack has been requested.
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.
125 years from and including 1 January 2020. We understand that the ground rent is £250 per annum. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
This apartment is one of four being offered for sale in the auction and is available for pre-auction offers, either as a single lot or all four apartments.
Leasehold. Subject to tenancy.
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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 £1,500 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.
