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Apartment 1 The Wharf, New Crane Street, Chester and car parking space CH1 4HZ

Lot no: 158 Sold Prior to Auction
 

Guide Price £88,000+ plus fees

UnconditionalOn 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 February 2025

9.00am
Key Features
  • Two bedroom apartment
  • Close proximity to Chester City Centre
  • Strong transport links
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Sold Prior to Auction

Apartment

Property Description:

A two bedroom, two bathroom apartment in Chester (CH1) currently let producing £10,200 per annum.

A well proportioned, two bedroom apartment situated within walking distance of Chester City Centre. All necessary amenities can be found nearby including shopping facilities, schooling and a selection of popular pubs, bars and eateries.

There are convenient transport links in the area including easy access to the motorway network and reliable public transport services. The building offers secure parking, a lift to the upper floors and boasts a charming outlook over the river to the rear elevation, offering pleasant riverside walks in both directions.

Construction Material:

Timber frame, as built, insulated (assumed)

Broadband:

Standard - 14 mbps and Superfast - 45 mbps available

Mobile Phone Coverage:

O2, EE, Three and Vodafone available

Note

Please be advised that room measurements are currently not available. Prospective buyers are advised to make all necessary independent enquiries before placing their bid, as this will be binding.

Leasehold Information

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

NOTES TO BUYERS

We have not been provided with evidence of rent increase and cannot therefore confirm the rental figure referred to in our marketing.<br>Buyers are specifically referred to special condition 27 in the Auction Special Conditions in relation to the leasehold element. <br>Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Leasehold. Subject to tenancy.

Ground Rent

£150

Unexpired Years

128


Utilities Information
  • Heating Supply: Double Glazing, Electric
  • 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 Timed Auction and is being sold under an 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 fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 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.