2 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold (935 years remaining)
- For Sale By Public Auction
- Wednesday 27th November 2024 at Stratford Town Hall, Stratford 6:00pm
- Ground Floor Flat
- Two Double Bedrooms
- Lounge Combined Dining Room
- Private Garden Space
- Ideal First Time Purchase Or Buy To Let Investment Opportunity
- In Need Of Modernisation And Renovation
- Vacant Possession On Completion
Conveniently located to the south of Leamington town centre, with great access to a wealth of local amenities and the railway station. Here is a great opportunity to purchase a ground floor, two bedroom flat, in need of modernisation and renovation. This property would make a fantastic first-time purchase or an excellent investment opportunity.
The accommodation briefly comprises; a communal entrance hall leading into the flats private entrance with a storage cupboard, shower room, kitchen, two double bedrooms and a lounge combined dining room with patio doors leading to the private garden space.
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Auction Terms - The property will unless previously withdrawn, be sold subject to the Special and General Conditions of Sale, which have been settled by the Vendor’s Solicitor and are contained within the Auction Legal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 Some sellers may consider a pre-auction offer, and the Lot may be sold or withdrawn before the auction.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 - Mains water, drainage, and electricity are connected to the property.
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Tenure And Possession - The property and land are leasehold and 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). There are currently 935 years unexpired on the Lease. Annual ground rent: £5. At present, the service charge isn't being collected for the property. 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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Property reference 33451442. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Sheldon Bosley Knight - Auctions.
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Broadband availability and predicted speed: obtained from Ofcom on June 24, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on June 24, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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