1 bedroom retirement property for sale
Key information
Property description & features
- Tenure: Leasehold (61 years remaining)
- For Sale By Public Auction
- Wednesday 27th November 2024 at Stratford Town Hall, Stratford 6:00pm
- Over 60's Retirement Apartment
- One Spacious Bedroom
- Lounge, Kitchenette & Shower Room
- Communal Lounge, Laundry Room & Gardens
- Off Street Parking
- Close By To Local Amenities & Town Centre
- Sought After Location In Market Harborough
Over 60's retirement apartment on the second floor in the popular Homewelland House development located just to the north of the town centre, which is conveniently situated for local amenities and shops.
The property offers comfortable retirement living and is complete with a communal entrance and lounge, with either stairs or a lift giving access to the second floor. In brief the property offers a welcoming entrance hall, living room, kitchen, one spacious bedroom with dressing area and shower room. Visiting management staff (House manager works 9 am - 4 pm (Mon-Thurs). 24-hour emergency call response service via pull cord or push button. Other facilities include a communal lounge, laundry, guest facilities, and gardens. There are also frequent social activities for residents.
The head lease does permit underletting the entire property provided the tenants are over the age of 60. Full details can be found in the Lease which will be available in the Legal Pack.
The property is in a popular location in Market Harborough. The town offers a range of excellent shops, cafes, and supermarket facilities. The nearby railway station has mainline services to London St Pancras in approximately an hour. The M1 is accessible at junction 20, Lutterworth, and the A14 lies to the south.
Auction Details:
Sheldon Bosley Knight Land and Property Auction
Wednesday 27th November at 6.00 pm
Stratford Town Hall
Auction Terms - The property will unless previously withdrawn, be sold subject to the Special and General Conditions of Sale, which have been settled by the Vendor’s Solicitor and are contained within the Auction Legal Pack. This pack is available to download to registered bidders. The conditions may also be inspected in the Sale Room at the time of the sale but they will not then be read. The purchaser shall be deemed to bid on those terms whether he shall have inspected the Conditions or not.
The sale of this property will take place on the stated date by way of a live, in-room auction and is being sold as Unconditional with a Fixed Fee. Some sellers may consider a pre-auction offer, and the Lot may be sold or withdrawn before the auction.
Binding contracts of sale will be exchanged at the point of sale.
Auction Deposit And Fees - The following deposits and non-refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Premium of £1320 inc. VAT
There may be additional costs listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. These additional costs will be payable to the seller’s solicitor on Completion. You must read the Legal Pack carefully before bidding.
Guide Price & Reserve Price - The guide price offers an indication of the price below which the vendor is not willing to sell. It is not necessarily the exact final sale price and is subject to change prior to and up until the day of the auction. Any change in the guide price will reflect a change in the reserve (a figure below which the auctioneer will not be able to sell). The reserve can be expected to be set within the guide range or not more than 10% above a single-figure guide. (RICS Common Auction Conditions 4th Edition).
Plans - Plans shown are for identification purposes only.
Services - It is understood that mains water, drainage, and electricity are connected to the property, though these services have not been tested. Buyers are advised to make their own enquiries to confirm the connected services.
Directions - WhatThreeWords: ///ledge.propose.relishing
Tenure And Possession - The property is Leasehold and there are currently 61 years remaining on the lease. We have been advised by the seller that the current service charge amounts to £3894 per year, which includes maintenance of the common parts and garden. The current ground rent is £490 per year. Vacant possession will be given upon completion which is normally 20 working days after the auction. Please refer to the Legal Pack for further details.
Bidder Registration And Auction Legal Pack - If you would like to register to bid, please head to the following link: passport.eigroup.co.uk/bidder-registration/sheldon-bosley-knight/
You can opt to bid in person, online, by telephone or by proxy. You will also be able to download the Auction Legal Pack for the Lot you are interested in here: auctioneertemplates.eigroup.co.uk/guides.aspx?a=1236&c=sbk
The Auction Passport requires you to input the details of your solicitor. If you would like to use our own preferred solicitors, please let us know and I will arrange for a quote to be sent to you.
If this is the first time you have accessed Auction Passport, just press the green button on the left-hand side ‘Click here to sign up for free' to create a new account.
Legal Documents & Additional Costs - It is essential bidders check the legal documents prior to bidding and take professional advice. Special Conditions of Sale can contain additional costs (that is costs over and above the price the lot is ‘knocked down’ at) and bidders are deemed to be aware of any additional costs prior to bidding.
Viewings - All viewings are by appointment only through the Auction Department
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Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021
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Energy Performance data and Internal floor area
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