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"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.





Property Description
A spacious second floor flat in a modern, purpose built block.

Situated in a popular location close to local amenities and transport links.

Property comprises of Large lounge, kitchen, double bedroom and bathroom.
Lift assisted. Gas central heating and uPVC double glazing.

Current let on an assured shorthold tenancy at £500 pcm £6000 per annum.

Scope for rental increase with estimated current rental value of £750 pcm £9000 per annum.

Long Leasehold Virtual Freehold of 999 Years from 2004.

Leasehold Information
999 years from 1 January 2004.
Peppercorn Zero Ground Rent.
Service charge As at todays date £180pcm

Mobile Phone Coverage
O2, EE, Three and Vodafone are available in this location.

Satellite and Cable TV Availability
BT and Sky are available in this location.

Broadband estimated speeds
Standard 8 mbps. Superfast 80 mbps.

Construction Material
Cavity wall, as built, insulated assumed . Information taken from EPC.

Tenure
Leasehold. Subject to tenancy.

Unexpired Years
978"