1 bedroom flat for sale) Albert Street, Edinburgh, EH7
Sold STC £60,000
- 1 Bedroom Basement Flat
- Fantastic Central Location
- Excellent First Time Purchase
- Buy-To-Let Potential
- Plethora Of Local Amenities
FOR SALE BY CONDITIONAL AUCTION, STARTING BID: Offers Over £60,000 + RESERVATION FEE
This spacious basement property is situated on Albert Street in the popular area of Leith and allows the purchaser to take advantage of all of the amenities and travel links on offer from such a central position. The property comprises, welcoming entrance hallway, large living room, modern fitted kitchen, double bedroom and shower room. Externally there are well kept communal gardens to the rear and ample on street parking to the front of the property. The property further benefits from electrical heating and storage space.
Less than one mile from the east of Princes Street, it is ideally located for those working in the city. Within the locale there are numerous shops, banks, bars and restaurants.
This property would make an excellent first time buy for those working in the city centre and is also an ideal buy-to-let investment.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to conclude missives immediately, but grant 28 days to achieve conclusion of missives from the date the buyer's solicitor is in receipt of the draft offer to sell and a further 28 days thereafter to complete. Allowing the additional time to conclude missives on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable reservation fee of 3.5% to a minimum of 3750.00 plus VAT = (4,500.00) which secures the transaction and takes the property off the market. Please note: THE RESERVATION FEE IS PAID IN ADDITION TO THE FINAL NEGOTIATED SELLING PRICE AND IS PAID ON A NON-REFUNDABLE BASIS.
The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department.
Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and Reserve Price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by Your Move powered by iam-sold Ltd.
IMPORTANT NOTE TO PURCHASERS:
We endeavour to make our sales 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. Any 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 measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
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Disclaimer - Property reference 186763. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Your Move , Leith Walk. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Your Move , Leith Walk on 0131 554 6222.
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