Studio Flat For Sale £20,000
** for sale by modern method of auction: Guide price £20,000 plus reservation fee **
**Investment Rental Opportunity**
**Cash Buyers Only**
Studio flat set in the heart of Fleetwood producing an annual yield of approximately 12%.
Purpose built flat with living area/lounge/kitchen area and shower room. Close to Sea Front, local shops and transport links.
999 years from 1/1/1984. Ground Rent £25 P/A
Please note that there is a tenant in Situ on an AST and we are holding records of the rental income.
Nb We recommend that your solicitor verifies the lease details before exchange of contracts.
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. 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
**Investment Rental Opportunity**
**Cash Buyers Only**
Studio flat set in the heart of Fleetwood producing an annual yield of approximately 12%.
Purpose built flat with living area/lounge/kitchen area and shower room. Close to Sea Front, local shops and transport links.
999 years from 1/1/1984. Ground Rent £25 P/A
Please note that there is a tenant in Situ on an AST and we are holding records of the rental income.
Nb We recommend that your solicitor verifies the lease details before exchange of contracts.
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. 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
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