Studio Flat For Sale £55,000
Trafford Street, Chester CH1

For Sale By Modern Method of Auction 

A Spacious Studio in a Purpose Built Student Accommodation building close the the city centre with good access to the university. It offers an attractive investment opportunity with a yield of circa 10%.  The studio is furnished and situated on the first floor which can be accessed by lift. The building is accessed via a secure intercom and offers communal areas including TV/Cinema Room, Lounge/Common Room, Laundry and Bike Store.

Internal Viewing Is Highly Recommended

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.