Hunters are please to bring to the Auction via IAMSOLD, this cluster apartment in the popular Fox Street Development.
The property compromises a shared kitchen, along with a large bedroom complete with a private en-suite. This property boasts only having two rooms within the cluster, so it is particularly sought after by tenants who want a bit more privacy. The property is currently tenanted at £525pcm.
To confirm the information the vendor has provided is as follows:
tenancy details (rent etc) - £525 pcm
Service Charge - £1640.00 pa
Ground Rent - £290.00 pa
Length of Lease - 244 years remaining
Please visit I AM SOLD to place a bid and view the legal pack.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Please note that the floor plans show the entire cluster apartment, however the particular leasehold that is for sale is the room named CP2.2, and not the entire apartment.