Buccleuch Street
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Unconditional (Buyer's Premium)
Unconditional Lot, Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay: - Buyer's Premium of 2.5% plus VAT (minimum fee £3,500 plus VAT) - A deposit of 5% is required (subject to a minimum fee of £5,000) The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
55/1, Buccleuch Street, Edinburgh, Midlothian, EH8 9LS
1 bedroom flat located on Buccleuch Street, Edinburgh - Investment Opportunity!
1 bedroom flat located on Buccleuch Street, Edinburgh - Investment Opportunity!
Description
Town & Country Property Auctions welcome to the market a 1 bedroom investment opportunity situated on Buccleuch Street, Edinburgh. Set on a bustling street this 1st floor flat is located in a central well thought of area known as Newington.
This well proportioned flat forms part of a traditional tenement building with secure entry. Upon entering you will be presented with a hallway which provides access to a generous sized lounge area, a kitchen, 1 bedroom with built in storage, utility room and bathroom. This flat is well suited for those who are interested in an investment or buy to let opportunity as the property is in need of a full internal cosmetic repair.
The property is located in an excellent position only 1 minutes walk from Edinburgh University and the green space of The Meadows making it an ideal area for students. The flat also benefits from a extensive range of amenities such as coffee shops, takeaways, convenience stores and bars. An easy distance from the city's centre and major transport links such as Edinburgh Waverly train station with direct trains to cities including Glasgow, Newcastle, Birmingham and London. There are also various bus and tram routes surrounding the area.
Bullets
1 Bedroom Flat
First Floor
Investment Opportunity
In need of full internal refurbishment
Tenure
Freehold
Buyers Premium
Buyers Premium Applies
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us. Pre-Auction offers will not be considered until after the viewing on the 24th of March at 12pm.
Council Tax Band
C
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
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- If you are highest bidder at the end of the bidding process one of the TCPA / Auctionline team will contact you to proceed with the sale under relevant legal process. A reservation fee and deposit may be required at this stage. please contact relevant team or refer to terms and conditions
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- Buyers are advised to refer to individual terms and conditons, relevant legal pack and are not to rely on details or videos provided by the agent as statement of fact on the basis on proceeding with a sale
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