Studio for sale
Key information
Property description & features
- Tenure: Leasehold (241 years remaining)
- Two Studio Apartments Sold As A Package
- Both Apartments Let For This Academic Year
- Investment Opportunity
- Fully Managed
- No Chain Involved
- Student Accommodation
For Sale by the Modern Method of Auction TWO STUDIO APARTMENTS AS A PACKAGE
An investment opportunity has arisen to purchase Two Student Studio apartments as a package, both are currently let for this academic term, one until July and one until August.
The studios are sold furnished and fully managed to offer a hands off investment to any prospective buyer.
They are situated in a modern student building with intercom access, Lift, reception area, communal area and tv/cinema room whilst the studios consist of lounge/kitchen/bedroom and separate shower room.
Both studios are council tax band 'A' and EPC ratings of 'C'
Service Charge for one apartment is £1617.69 and the other is £1603.68
Viewing 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.
Places of interest
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
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Energy Performance data and Internal floor area
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