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Two-bedroom flat for auction

Edinburgh, EH16 - Get Access

2 bed 1 bath

Description

The property comprises a second floor flat in a five storey traditional tenement formed in stone and slate. The internal accommodation comprises the following: Entrance Hallway, Lounge, Bedroom, Kitchen, Store Rooms, Bathroom. Council Tax Band A. The property is located in the popular Duddingston area of Edinburgh, a popular residential district to the south east of the city centre. The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type. Binding contracts will be exchanged at the point of sale. All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws. Auction Deposit and Fees: The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts: 10% deposit (subject to a minimum of £5,000), Buyer's Fee of 1.2% inc. VAT of the purchase price (subject to a minimum of £1,860 inc. VAT). There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page. This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties). Guide Price & Reserve Price: Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms. Note: Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Comparable sales
9/9, Peffer Street, EH16 4AY 0.0 mi
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£143,889
4 years ago
9, Peffer Street, EH16 4AY 0.0 mi
Flat
£135,000
1 year ago
2f3, 3, Peffer Place, EH16 4BB 0.0 mi
Flat
£138,500
7 months ago
Estimated market value
£
Range: £ — £
Medium confidence Floor Area Estimated: 650 sq ft

The property is a second-floor flat in a traditional tenement building in Edinburgh. The valuation is based on its two bedrooms, one bathroom, and an estimated internal floor area of 650 sq ft. No specific condition analysis was available from images, so the valuation assumes a standard condition for a property of this age and type, with potential for cosmetic updates. The location in the Duddingston area was considered, alongside the general market for similar flats in Edinburgh.

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