Flat
A two bedroom first floor flat which is offered let out on an assured shorthold tenancy.
Well placed for the amenities within the town centre, including the train station, a range of Nature reserves and Sandy Gap beach.
The property is let at £425 per calendar month / £5,100 per annum and would make a great addition to any rental portfolio with a rental income from day one.
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.
We have been made aware this property is in the Barrow Island conservation area. Prospective buyers are advised to make all necessary independent enquiries prior to bidding, as any bid made will be binding.
We understand the flat is within a Grade II Listed building.
Surface Water: Low Risk
99 years from and including 1 October 2011. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Standard 4 mbps and Superfast 80 mbps show as available in this location
EE, O2, Vodaphone and Three show as available in this location.
Sky and BT show as available in this location.
These sales details are awaiting vendor approval.
Completion of the sale to the Buyer shall take place on the date which is 20 working days after the date of the auction or sooner by mutual agreement between the Buyer and the Seller.
Please be advised the local search is awaited, as is the Management Pack.
Leasehold. Subject to tenancy.
86
- 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 under and Unconditional sale type.
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 1.2% of the purchase price (subject to a minimum 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.
