Map1 bedroom flat for sale
Key information
Features and description
- Tenure: Leasehold
- One bedroom modern apartment
- Superb investment
- 15% yield on starting price
- Secure communal entrance
- Epc rating grade C
- Offered at reduced start bid
- For Sale by Modern Auction – T & C’s apply
- Subject to Reserve Price
- Buyers fees apply
- Living/Kitchen
*SUPER LOW START BID AND 15% RENTAL YIELD!!!!*
This second floor apartment is a perfect investment or first home. Situated in the town centre giving access to ALL amenities and the train station. Offered for sale with sitting tenant OR vacant possession. Call us now to book your viewing.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
DON240655/2
Rooms
Description
Now being sold at a REDUCED START BID via the MODERN SALE METHOD- (Please make sure you understand this quick and secure sale method which is very different to traditional auctions)This incredible investment opportunity offers a FANTASTIC RENTAL YIELD and can be purchased with sitting tenant or with vacant possession. Boasting a modern living/kitchen area, a bedroom and a modern shower room/w.c. There is also secure entry and communal lifts.
Location
Positioned in a city centre location offering perfect access to all amenities and the train station.
Communal entrance
Stairs and Lifts
Apartment entrance hall
Living/kitchen 4.13m x 3.94m
Bedroom 3.13m x 2.89m
Shower Room/w.c 1.68m x 1.48m
Local authority
Doncaster council
Council tax band
A
Tenure
Leasehold
Lease details
250 years starting from 30th of November 2018
Maintenance charges
Approx £1846 per annum
Ground rent
£250 per annum
Tenancy information
There is currently a tenant residing in the property who is paying £625 PCM and is in a tenancy agreement that is due to end shortly. The tenant has expressed wishes to vacate so might not be in the property in a few months. Please check with us to find out the accurate position of this tenancy.
Auctioneer's 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. 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 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
Auctioneer's Comments Continued
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.
Auctioneer's Comments Continued
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.
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