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59 Park Villas, Consett DH8 7RT

Lot no: 105 Withdrawn
 

Guide Price £27,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 30th May 2024

9.00am
Key Features
  • Council Tax Band: A
  • Self-contained ground floor flat
  • One bedroomed accommodation
  • Let and producing £6,000 per annum
  • Popular location
  • EPC Rating: C
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Flat

Property Description:

A self-contained ground floor flat situated in a two storey end of terrace block.

We believe the accommodation to comprise of entrance hall, sitting room, kitchen, one bedroom and bathroom.

The sellers believe the flat is let at £500 per calendar month (£6,000 per annum). Prospective buyers are advised to inspect the legal documents in this respect prior to making their bid, as this will be binding.

Leasehold Information

125 years from 30 May 2006. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Services:

Mains gas, electricity, water and drainage are believed to be connected. Prospective buyers are advised to make any necessary independent enquiries in this respect before placing their bid, as this will be binding.

Heating:

Gas central heating.

Building Construction:

Brick.

Broadband:

Standard 4 mbps, Superfast 47 mbps and Ultrafast 1000 mbps are available in this location

Mobile Signal:

EE, O2, Vodaphone and Three are available in this location for Voice and Data.

Satellite and Cable TV Availability:

Sky and BT are available in this location.

Note

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.

Tenure:

Leasehold. See legal pack.

Unexpired Years

101


Utilities Information
  • Heating Supply: Gas Central
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply


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.