2 Bed Flat For Sale

Beautiful 2 bed 2nd floor flat. uPVC d/glazed. Newly fitted kitchen & bathroom. Modern electric storage heaters. Garage. EPC 'E'. Council Tax 'A'. Leasehold 999 years from 1973 - £15 ground rent. To be sold at auction on 17/12/25. Vacant. Rental potential of circa £12,000 p/a. CASH BUYERS ONLY. NO MANAGEMENT COMPANY.



Property Description:



A two bedroom apartment in purpose built block with garage.



The property is in general good order throughout and comes with a 999 year lease (virtual freehold) which commenced in 1973.



The accommodation comprises - Communal Hallway, Reception Hall, Lounge, Kitchen, Bedroom One, Bedroom Two and Bathroom. Outside- Garage in block.



Well placed for a good range of local amenities and transport links.



Offered for sale with vacant possession.



An ideal investment opportunity which would make a great buy to let.



Draft Sales Details

These sales details are awaiting vendor approval.



Leasehold Information

Term, from 19 April 1973 to 24 June 2971.



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.



Tenure:

Leasehold. Vacant possession upon completion.



Ground Rent

£15



Unexpired Years

947



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.