* Leasehold
* Sale by Modern Method of Auction
* Tenant in Situ
* Rent - £500 per Calendar Month
* Potentially 8% Yield
* 2 Bedroom Flat Close to Local Amenities
* No Forward Chain
* No Service or Maintenance Charges
Located in close proximity to local shops and amenities, with a sitting tenant
already in situ, is this 2 bedroom flat that brings in £500 per calendar
month.
This flat is located on the 1st floor and briefly comprises of a kitchen,
living dining room, bathroom and 2 bedrooms.
Viewings by appointment only
Auctioneers Additional Comments
for sale by modern method of auction, starting bids £70, 000 terms and
conditions apply - viewing via appointment only
Pattinson Auction are working in Partnership with the marketing agent on this
online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any enquiry, bid or viewing of the subject property will
require your details being shared between both the marketing agent and The
Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either under conditional (Modern) or
unconditional (Traditional) auction terms and overseen by the auctioneer in
partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the
Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the
Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing
agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view
upon request and contains details relevant to the legal documentation enabling
all interested parties to make an informed decision prior to bidding. The
Legal Pack will also outline the buyers' obligations and sellers' commitments.
It is strongly advised that you seek the counsel of a solicitor prior to
proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer,
all bidders/buyers will be required to adhere to a verification of identity
process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon
exchange of contracts the successful bidder will be expected to pay a non -
refundable deposit of 5% of the purchase price of the property. The deposit
will be a contribution to the purchase price. A non - refundable reservation fee
of up to 6% inc VAT (subject to a minimum of 6, 000 inc VAT) is also required
to be paid upon agreement of sale. The Reservation Fee is in addition to the
agreed purchase price and consideration should be made by the purchaser in
relation to any Stamp Duty Land Tax liability associated with overall purchase
costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or
beneficial to the customer to pass your details to third party service
suppliers, from which a referral fee may be obtained. There is no requirement
or indeed obligation to use these recommended suppliers or services.
_First Floor_
_Kitchen_
_11' 1'' x 6' 8'' (3. 38m x 2. 04m)_
_Living Dining Room_
_17' 1'' x 8' 10'' (5. 21m x 2. 7m)_
_Inner Hall_
_Bedroom One_
_8' 11'' x 8' 10'' (2. 74m x 2. 71m)_ plus wardrobes and door recess
_Bedroom Two_
_10' 11'' x 6' 7'' (3. 35m x 2. 03m)_
_Bathroom_
_5' 6'' x 6' 7'' (1. 7m x 2. 02m)_
Material Information
Council Tax Band : A
Tenure years left : 85
Annual ground rent : 0. 00
Annual service charge : 0. 00

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