For sale by Unconditional Online Auction.
A fantastic opportunity for an investor looking for a buy to let opportunity or would be a great first time buy or a retirement apartment. A rental income of £575 to £625 PCM would be achievable but is subject to the market conditions.
The apartment offers well-presented and well proportioned accommodation with a secure telecom entrance. The accommodation flow with an entrance hall leading into the open plan fitted kitchen with lounge area, two bedrooms, and a bathroom.
Moorlands Heights has an allocated parking space and also the use of a secure communal garden.
The property is located on the edge of a popular residential development of Biddulph. The apartment is close to the beautiful countryside but is also only a short journey from the town.
Entrance Hallway
1.9m x 3.4m - Kitchen
4.8m x 3.4m - Lounge
3.6m x 2.6m - Bedroom 1
3.5m x 1.9m - Bedroom 2
1.7m x 1.9m - Bathroom
External - Allocated car parking space
Leasehold Information Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Tenure: Leasehold
EPC Rating: B
Terms:
Auction Details:
The sale of this property will take place on the stated date by way of Buy it Now Auction and is being sold as Unconditional with Fixed Fee (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1074 inc. VAT
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
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.
Immediate Purchase
The property is available to purchase immediately at the available price listed on the lot.
In some exceptional circumstances there may be a delay in processing your registration. If this delay results in another person placing a successful offer, SDL Property Auctions are not liable to you for any loss of opportunity.
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.