Flat
A first floor apartment in popular and convenient location.
An ideal buy to let investment.
The property will be offered with vacant possession.
It is currently let out on an assured shorthold tenancy at £500 per calendar month but the tenant is due to vacant mid February.
In general good order, with lovely communal gardens and residents parking.
Stoney Stanton has good local amenities and excellent transport links via the M1, M69 and A5.
A low cost, buy to let investment which would make a great addition to any rental portfolio.
Long leasehold. Lease is 125 years from 2018.
Reception Hallway, Large Store, Lounge/Diner, Kitchen, Bedroom and Bathroom. Outside provides well kept communal gardens and parking / garage.
125 years from 15 August 2018. We are informed the lease has 119 years unexpired, the ground rent is £150 per annum and service charges are approx. £70 per month. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
O2, EE, Three and Vodafone are available in this location.
BT and Sky are available in this location.
Standard 12 mbps. Superfast 79 mbps.
Cavity wall, filled cavity. Information taken from EPC.
These sales details are awaiting vendor approval.
Leasehold. Vacant possession upon completion.
118
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
On Street, Communal
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.
