Flat
A modern 2nd/ Top floor apartment in a purpose built block.
Situated in a popular residential location with a good range of local amenities and excellent transport links.
Offering two bedrooms, allocated parking and communal gardens. Electric heating and UPVC double glazing.
The property is offered let on an assured shorthold tenancy. Currently let at £625 pcm / £7500 per annum.
Scope for rental increase where estimated current rental value is in the region of £800 pcm / £9,600 per annum.
Situated in a great letting location where demand far outweighs supply.
An excellent addition to any buy to let portfolio with an income from day one and a guide price of 40% under normal market value.
With secure entry door.
With electric heater and a storage cupboard.
The lounge has two double glazed windows to the front of the property and a double glazed window to the side of the property. It has a TV point, two electric heaters and laminate flooring.
The part tiled kitchen has two double glazed windows to the rear of the property. It has an electric hob, two electric ovens, a sink and drainer, space for a washing machine and fridge freezer and tiled flooring.
The first bedroom has two double glazed windows to the front of the property. It has an electric heater and carpeted flooring.
The second bedroom has two double glazed windows to the rear of the property. It has an electric heater and carpeted flooring.
The part tiled bathroom has a double glazed, frosted window to the rear of the property. It has a WC, a wash hand basin, a bath with an overhead shower, an extractor fan, an airing cupboard and tiled flooring.
Communal gardens which are mainly laid to lawn with stocked flower beds,
The property benefits from one allocated parking space.
125 years from 1 January 2005. We have been informed that the ground rent is £125 per annum and the service charge is £1,433 per annum. 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 14 mbps. Superfast 80 mbps. Ultrafast 1000 mbps.
Cavity wall, as built, insulated (assumed). Information taken from EPC.
These sales details are awaiting vendor approval.
Leasehold. Subject to tenancy.
£125
105
- Heating Supply: Double Glazing, Electric
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
Allocated
Auction Details
The sale of this property will take place on the stated date by way of Auction Event 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.
