Standout Features
- Sold by Modern Auction (T&Cs apply)
- Subject to Reserve Price
- Buyer Fees Apply
- Modern Method of Auction
- 10% deposit payable
- Offered with No Forward Chain
- Currently Tenanted at £1,150pcm
Property Description
PROPERTY DESCRIPTION Step into modern elegance with this chic third-floor residence in the prestigious Brunswick House, nestled within the vibrant Admiralty Quarter. Designed for the contemporary dweller, this sleek apartment redefines the essence of modern living. Sold by Modern Auction.
Upon entry, a spacious entrance hall welcomes you, complete with a handy cupboard housing a washer/dryer and immersion tank. The generously proportioned bathroom is a sanctuary of luxury, featuring a heated towel rail, a refreshing bath with an overhead shower, and a stylish basin. The expansive double bedroom boasts built-in wardrobes, seamlessly combining style with storage convenience.
The true highlight of this property is the open-plan lounge/kitchen area, adorned with sleek laminate flooring and bathed in the glow of spotlights. The well-designed kitchen showcases a free-standing fridge-freezer, effortlessly blending convenience and style. Large double glazed windows frame stunning views of communal gardens, while the lounge opens up to patio doors leading to the Juliet balcony-an ideal spot for soaking up the sun throughout the day.
Currently occupied by a reliable tenant with a fixed-term contract, this property yields a monthly rental income of £1,150 (10.22% gross yield). The tenancy agreement extends until June '26, presenting a lucrative opportunity for cash buyers.
Please note that the property is let fully furnished, adding an extra layer of convenience to both landlord and tenant.
This exceptional investment harmoniously blends opulent living, attractive rental returns, and a prime location within the revered Admiralty Quarter. Whether for investment or personal enjoyment, this property offers a modern lifestyle that should not be missed. Seize the chance to claim this sleek and contemporary residence as your own.
Secure gated parking can be rented for £80per month, through the management company.
LEASEHOLD INFORMATION Service Charge - £1867.38pa (water bills included)
Ground Rent - £150pa
Years Left On Lease - 140
Please note that Martin & Co have not checked or verified the lease terms or the service charge/ground rent costs. The information provided above has been provided to us from the Seller. Your solicitor will check all of the above during the conveyancing process and you should only rely on information provided by them when making the final decision as to whether to buy any leasehold property.
HMRC COMPLIANCE All sellers and buyers will be required to complete online identity checks provided by MoveButler. The cost of these checks is £60 inc. VAT per person which is paid in advance, directly to MoveButler. This charge verifies your identity in line with our obligations as agreed with HMRC.
AUCTIONEERS COMMENTS This property is for sale by Modern Method of Auction allowing the buyer and
seller to complete within a 56 Day Reservation Period. Interested parties'
personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with
your lender before bidding. A Buyer Information Pack is provided. The buyer
is responsible for the Pack fee. For the most recent information on the Buyer
Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-
Refundable Reservation Fee of 4.5% of the purchase price including VAT,
subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the
property to the buyer during the Reservation Period and is paid in addition to
the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will
receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc.
VAT. These services are optional.
Upon entry, a spacious entrance hall welcomes you, complete with a handy cupboard housing a washer/dryer and immersion tank. The generously proportioned bathroom is a sanctuary of luxury, featuring a heated towel rail, a refreshing bath with an overhead shower, and a stylish basin. The expansive double bedroom boasts built-in wardrobes, seamlessly combining style with storage convenience.
The true highlight of this property is the open-plan lounge/kitchen area, adorned with sleek laminate flooring and bathed in the glow of spotlights. The well-designed kitchen showcases a free-standing fridge-freezer, effortlessly blending convenience and style. Large double glazed windows frame stunning views of communal gardens, while the lounge opens up to patio doors leading to the Juliet balcony-an ideal spot for soaking up the sun throughout the day.
Currently occupied by a reliable tenant with a fixed-term contract, this property yields a monthly rental income of £1,150 (10.22% gross yield). The tenancy agreement extends until June '26, presenting a lucrative opportunity for cash buyers.
Please note that the property is let fully furnished, adding an extra layer of convenience to both landlord and tenant.
This exceptional investment harmoniously blends opulent living, attractive rental returns, and a prime location within the revered Admiralty Quarter. Whether for investment or personal enjoyment, this property offers a modern lifestyle that should not be missed. Seize the chance to claim this sleek and contemporary residence as your own.
Secure gated parking can be rented for £80per month, through the management company.
LEASEHOLD INFORMATION Service Charge - £1867.38pa (water bills included)
Ground Rent - £150pa
Years Left On Lease - 140
Please note that Martin & Co have not checked or verified the lease terms or the service charge/ground rent costs. The information provided above has been provided to us from the Seller. Your solicitor will check all of the above during the conveyancing process and you should only rely on information provided by them when making the final decision as to whether to buy any leasehold property.
HMRC COMPLIANCE All sellers and buyers will be required to complete online identity checks provided by MoveButler. The cost of these checks is £60 inc. VAT per person which is paid in advance, directly to MoveButler. This charge verifies your identity in line with our obligations as agreed with HMRC.
AUCTIONEERS COMMENTS This property is for sale by Modern Method of Auction allowing the buyer and
seller to complete within a 56 Day Reservation Period. Interested parties'
personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with
your lender before bidding. A Buyer Information Pack is provided. The buyer
is responsible for the Pack fee. For the most recent information on the Buyer
Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-
Refundable Reservation Fee of 4.5% of the purchase price including VAT,
subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the
property to the buyer during the Reservation Period and is paid in addition to
the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will
receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc.
VAT. These services are optional.
Additional Information
Tenure:
Leasehold
Ground Rent:
£150 per year
Service Charge:
£1,867 per year
Council Tax Band:
B
Brunswick House, Queen Street
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