FOR SALE VIA AUCTION, Offering a staggering 10% Gross Rental Yield this One Bedroom Flat is perfect for upcoming property Tycoons. A fantastic starter rental or property for the seasoned landlord, this flat offers an excellent return on investment. Having a Lounge, Kitchen, Bedroom, Family Bathroom, Garden, Plenty of Storage and Off Road Parking. Call Goodchilds now for more information on 01952 701019.
Please see our partners website for more details:- https://online.sdlauctions.co.uk/lot/details/16207/
Giving access to the bedroom, lounge, bathroom, storage cupbards and kitchen.
Lounge 4.2m x 3.3m (13'9" x 10'9")
Having a window to the rear aspect, heating radiator and socket points.
Kitchen 2.3m x 3.2m (7'6" x 10'5")
Having fitted wall and base units with work surfaces, vinyl flooring, wall mounted boiler, sink and drainer, plumbing and provisions for appliances, complimentary tiling, window to the rear and storage cupboard.
Bedroom 3.6m x 2.8m (11'9" x 9'2")
Having a window to the rear aspect, heating radiator and ample space for bedroom furniture.
Bathroom 1.7m x 2.0m (5'6" x 6'6")
Having a three piece suite including a panel bath, close couped toilet and wash basin with heating radiator and window to the front aspect.
To the rear of the property is a garden laid to lawn with enclosed fencing.
Ground Rent = £10 Per Annum
Service Charge = £45 Per Month
91 Years Remaining of the 99 year lease.
Agents Disclaimer & Referral Fee Notice
AGENTS DISCLAIMER & REFERRAL FEE NOTICE:
1. While we endeavour to make our sales details accurate and reliable, if there is any point which is of particular importance to you, please contact our office in Wellington and we will try to check the information for you. The information in these property details is believed to be accurate but Goodchild's does not give, nor does any Partner or employee have authority to give, any warranty as to the accuracy of any statement, written, verbal or visual. You should not rely on any information contained herein. If you wish to ask a specific question about this property, please speak to the sales advisor, who has inspected the property.
2. Please note that we have not tested the equipment/appliances and services in the property. Interested applicants are advised to commission the appropriate investigations before formulating their offer to purchase.
3. Our room sizes are quoted in metres on a wall-to-wall basis to the nearest one tenth of a metre. The imperial equivalent (included in brackets and correct to within 3 inches) is only intended as an approximate guide for those not yet conversant with metric measurements. Measurements should not be used for ordering fitments or new carpets etc.
4. Goodchild's Estate Agents & Newton Fallowell Group provide a range of services to buyers, although you are free to use any alternative provider. For more information simply speak to someone in our branch today. We can refer you on to The Mortgage Advice Bureau for help with finance. We may receive a fee of up to £300, if you take out a mortgage through them. If you require a solicitor to handle your purchase we can refer you on to Movewithus conveyancing. We may receive a fee of £300 for sale and purchase, if you use their services.
See Legal Pack
The legal pack will be available online at least seven days prior to sale ending and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the end of the auction.
*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price, also known as a 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 which is available to download on our SDL Auctions website.
Online Auction Registration
Every online bidder on SDL Auctions must first create an account on the online section of the SDL Auctions website - sdlauctions.co.uk/property-auctions/online/
This is a straightforward process. Starting the registration includes filling out your personal details, verifying your email address, and accepting the Online Auction 'Terms and Conditions'. Once you have done this you will be able to search, 'watch' lots and download legal documents.
After starting the registration process you can come back to it to complete at a later date. We suggest completing the registration process at least 3 working days before the lot is due to end, in case you have any problems and need to contact the auctioneers.
In order to bid, you will need to be authorised for money laundering purposes. This includes uploading copies of two forms of identification and passing a anti-money laundering check. This check will leave a soft footprint on your credit report (but it should not affect your credit rating). The registration process also requires card details to be entered, however the card will not be processed unless you are the successful bidder.
Unconditional Online Auction Procedure
If you are the successful bidder you will be legally obliged to buy the property for the full purchase price. At the end of the auction, you are charged 5% deposit (subject to a minimum fee of £5000) and exchange of contracts takes place. The deposit contributes towards the purchase price. By placing a bid, you are authorising the auctioneer to sign the auction contract on your behalf.
The sale of each Lot is subject to a Buyers Fee of 4.8% Inc VAT (or 4.2% Inc VAT in London), subject to a minimum of £6,000 Inc VAT. The reservation fee does not contribute towards the purchase price.
We will automatically charge you £6,000 (using the payment details provided at the registration stage) if you are the successful bidder, as a payment towards the Buyers Fee and deposit. You will be required to pay any outstanding amounts (minimum of £5,000) immediately after the end of the auction, which can be paid by debit card or bank transfer.
Full terms and conditions are available on the SDL Auctions website - sdlauctions.co.uk/wp-content/uploads/2019/04/SDL-Auctions_buyer-terms.pdf