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Flat 1, 94 Station Road, Redcar TS10 1RQ

Lot no: 68 Re-entry to a future auction
 

Guide Price £28,000+ 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 27th June 2024

9.00am
Key Features
  • A ground floor, one bedroom apartment in Redcar.
  • Convenient residential location
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Re-entry to a future auction

Apartment

Property Description:

A ground floor, one bedroom apartment in Redcar.

A one bedroom apartment in Redcar, situated walking distance from Redcar Central Station and surrounded by amenities and services. A number of shops, bars and restaurants can be found close by and there a selection sports/leisure facilities in the area. Redcar Beach is a short walk away with a variety of coastal attractions adjoining. There are also plenty of outdoor spaces close by, ideal for all sorts of outdoor pursuits.

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.

Flood Risk

Rivers and Seas No Risk. Surface Water Very Low.

Broadband (estimated speeds)

Standard 19 mbps. Superfast 80 mbps. Ultrafast 330 mbps.

Mobile Phone Coverage

O2, EE, Three and Vodafone are available.

Satellite and Cable TV Availability

BT and Sky are available.

Construction Material

Solid brick, as built, no insulation (assumed).

Leasehold Information

Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Services

Assumed mains. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Note

Please be advised that information on whether the property is tenanted or not is currently not available. Prospective buyers are advised to make all necessary independent enquiries before placing their bid, as this will be binding.

Tenure:

Leasehold. See legal pack.


Parking Arrangements

On Street



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.