For sale by Unconditional Online Auction.
A two bedroom, two bathroom apartment in Chester (CH1) currently let producing £10,200 per annum.
A well proportioned, two bedroom apartment situated within walking distance of Chester City Centre. All necessary amenities can be found nearby including shopping facilities, schooling and a selection of popular pubs, bars and eateries.
There are convenient transport links in the area including easy access to the motorway network and reliable public transport services. The building offers secure parking, a lift to the upper floors and boasts a charming outlook over the river to the rear elevation, offering pleasant riverside walks in both directions.
Construction Material: Timber frame, as built, insulated (assumed)
Broadband: Standard - 14 mbps and Superfast - 45 mbps available
Mobile Phone Coverage: O2, EE, Three and Vodafone available
Note Please be advised that room measurements are currently not available. Prospective buyers are advised to make all necessary independent enquiries before placing their bid, as this will be binding.
Leasehold Information Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
NOTES TO BUYERS We have not been provided with evidence of rent increase and cannot therefore confirm the rental figure referred to in our marketing.
Buyers are specifically referred to special condition 27 in the Auction Special Conditions in relation to the leasehold element.
Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Draft Sales Details These sales details are awaiting vendor approval.
Tenure: Leasehold
EPC Rating: D
Terms:
Auction Details:
The sale of this property will take place on the stated date by way of Timed Auction 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.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.