- BID TO PURCHASE +
- CAR PARKING SPACE +
- INVESTMENT OPPORTUNITY +
- CASH BUYERS ONLY +
- NO ONWARD CHAIN +
- TENANTS IN SITU +
- PRICED TO SELL +
- SUBJECT TO RESERVE PRICE +
Bairstow Eves are delighted to bring to marketing this fantastically presented two-bedroom upper floor apartment with a PARKING SPACE. This investment property is suitable for CASH BUYERS ONLY and is to be purchased with TENANTS IN SITU. The tenant is paying £850pcm giving this property a fabulous 12% GROSS YIELD. Situated in Carlton Square, DBH house is a well-maintained block of apartments close to many local amenities and public transport links allowing for easy access to the City Centre and surrounding areas.
The accommodation comprises of: - Entrance hall with doors to the open plan kitchen-dining-living room, two double bedrooms, bathroom and a store cupboard where there is plumbing or a washing machine. The property has double glazed windows and is electrically heated throughout. The kitchen boasts wall and base units with worktops over and a built-in fridge freezer, single drainer sink, oven, hob and extractor fan. The bathroom is a three-piece suite comprising of a bath with show over, pedestal sink and low-level WC.
We have been advised that this is a leasehold property with 250 years from 2019. There is an annual service charge of £1972.76 and there is an annual ground rent charge of £90. All interested parties should have a legal representative confirm this information prior to the close of the purchase.
Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.