Unavailable
Auction Guide of £73,000

1 bed apartment for sale on 51 Wharncliffe Road, South Side, DE7 (ref: 32271712)

Shortlist

Key Features

  • Investment Only
  • Tenant In Situ
  • Annual Rent £7,200
  • By Auction
  • Guide Price £73,000
  • One Bedroom
  • Leasehold
  • Off Road Parking
  • Town Centre

Full Description - **** An investment opportunity **** Tenant in Situ The property comprise of, through the communal secure entrance with a intercom and digital code pad for access. Onto the first floor is unit 11. The flat has an entrance hall that leads to the shower room and bedroom plus living room with kitchen. Outside offers one space for off road parking. Council Tax Band A . Leasehold ( Ground Rent Biannual £125 every six months ) - Service Charge Biannual every 6 months £365 ) FOR THE LENGTH OF THE LEASE ASK THE AGENT.

Entrance Hall - Leading onto the shower room and bedroom through to the living / kitchen. Carpeted and wall mounted electric heater, with a intercom system.

Kitchen / Living Room - length 4.90m x width 4.64m (length 16'0" x width 1 - Having a range of base to eye level units with a roll top work surface and stainless steel sink and drainer with splash back tiles. A four ring electric hob and under counter oven plus over head extractor fan. Part carpet and part vinyl flooring with skirting boards. This room has got plenty of natural lighting through the large window to the front elevation.

Bedroom One - length 2.92m x width 3.52m (length 9'6" x width - Having spots to the ceiling and carpeted with skirting boards and a wall mounted electric heater.

Shower Room - length 1.55m x width 3.22m (length 5'1" x width 10 - Comprising of a three piece suite with corner shower cubicle and over head electric shower. Plus having splash back tiles. A low level toilet and hand basin on a pedestal. Vinyl flooring and skirting boards and heated towel rail.

Outside - One Space for off road parking.

- Biannual Service Charge £365 6 monthly
Biannual Ground Rent £125 6 monthly
FOR LENGTH OF LEASE ASK THE AGENT.
Council Tax Band A

While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.

(1) MONEY LAUNDERING REGULATIONS – prospective tenants will be asked to produce identification documentation during the referencing process and we would ask for your co-operation in order that there will be no delay in agreeing a tenancy.
(2) These particulars do not constitute part or all of an offer or contract.
(3) The text, photographs and plans are for guidance only and are not necessarily comprehensive.
(4) Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully to satisfy yourself of their accuracy.
(5) You should make your own enquiries regarding the property, particularly in respect of furnishings to be included/excluded and what parking facilities are available.
(6) Before you enter into any tenancy for one of the advertised properties, the condition and contents of the property will normally be set out in a tenancy agreement and inventory. Please make sure you carefully read and agree with the tenancy agreement and any inventory provided before signing these documents.

- Auctioneer Comments
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the
Auctioneer, iamsold Limited
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers
solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria,
affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price
including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as
part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification
verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything
you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation
Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the
preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they
will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral
arrangement and payment prior to any services being taken by you.

Stamp Duty Due

Based on a sale price of £73,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

Property Images

1 bed apartment for sale in 51 Wharncliffe Road 1

1 bed apartment for sale in 51 Wharncliffe Road 2

1 bed apartment for sale in 51 Wharncliffe Road 3

1 bed apartment for sale in 51 Wharncliffe Road 4

1 bed apartment for sale in 51 Wharncliffe Road 5

1 bed apartment for sale in 51 Wharncliffe Road 6

1 bed apartment for sale in 51 Wharncliffe Road 7

1 bed apartment for sale in 51 Wharncliffe Road 8

1 bed apartment for sale in 51 Wharncliffe Road 9

Further Details

  • Status: Unavailable
  • Reference: 32271712

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