Maisonette
A ground floor, one bedroom maisonette.
An ideal investment opportunity comprising of a ground floor maisonette. Currently let at £425 per calendar month/£5,100 per annum. The AST dated 2013 in the legal pack confirms £395 pcm. No evidence of rent increase is provided and therefore we cannot confirm the rental figure given in our marketing.
Let on an assured shorthold tenancy to a long standing tenant who has been in occupation for around 15 years and happy to stay.
Estimated rental increase of £500 per calendar month/£6,000 per annum.
Situated in a quiet cul de sac location on a modern housing development. Close proximity to shops, parks and schooling along with excellent transport links.
Benefits from sealed unit double glazing and electric heating.
Parking space for one car.
An ideal buy to let with income from day one and a great addition to any rental portfolio.
With door to lounge
With window to front and being open plan to the kitchen. Large store cupboard.
With base and wall units, sink, space for appliances, sink inset into work surfaces and window to front aspect
With store cupboard
With built in wardrobe and window to rear aspect
Low flush W/C, wash hand basin and panel bath with shower attachment and part tiled walls.
Parking space to front and small garden area.
These sales details are awaiting vendor approval.
Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
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 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. Properties located in Scotland will be subject to applicable Scottish law.
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, 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.
