ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)

The subjects comprise a lower ground/basement floor flat located towards the rear of The Highland Club in Fort Augustus. The original building was erected circa 1876 and converted to residential flatted dwellings in 2009/2010. Accommodation - LOWER GROUND - Inner Hallway, Bedroom, Kitchen with Dining Room, Family Area and Shower Room. Unfurnished internally. J & E Shepherd Chartered Surveyors RICS Home Report £125,000 (ONE HUNDRED AND TWENTY FIVE THOUSAND POUNDS STERLING - February 2024). The subjects are within The Highland Club within Fort Augustus, which was part of the old St Benedict's Abbey. The location is on the edge of Loch Ness on the periphery of Fort Augustus where local amenities including shops, schools and transport facilities are all fairly convenient. J & E Shepherd Chartered Surveyors £125,000 Home Report Valuation. Please note, there is an annual service charge payable to the Management Company. The service charge for the current year to 31 December, 2024 is £3,930.87. These costs relate to maintenance of the common parts of the 20-acre site, i.e. the vast grounds, the external parts of the building, internal corridors. The service charge covers the cost of the buildings insurance (being a large proportion), salaries of the staff, all materials, purchase of equipment, annual servicing of the fire alarms, plant equipment, entry systems, etc., management fees, refuse collection if you holiday let, sinking fund (currently over £325,000), heating and lighting of the common parts and swimming pool, costs of running the pool, rent of the utilities shed, etc. The service charge is due on 1st January each year but currently owners are offered the ability to either pay the service charge on a one-off basis (payable by 15th January in any given year) or the ability to pay on a monthly direct debit basis (around the 25th of the month). Should an owner choose the direct debit route then an administrative charge of 4% is added to the monthly payments.

Auction Details
16 May 2024, 10am-3pm
Timed Online Auction

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1 bedroom flat for sale