2 bedroom apartment for sale
Key information
Features and description
- Tenure: Leasehold (978 years remaining)
- Sold tenant in situ
- Ground Floor Flat Two Bedrooms
- For Sale by Modern Auction – T & C’s apply
- Subject to Reserve Price
- Buyers fees apply
- The Modern Method of Auction
- Online Bidding Available
- Fixed Timescales for Exchange and Completion
Auctioneer Comments
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, Iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
We are pleased to offer this wonderful ground floor flat, already tenanted so would be of interest to landlords growing their portfolios or for someone just starting out. The current tenant has been there for 6 years and would love to stay there long term. The accommodation comprises of a lounge, kitchen, inner hall, two bedrooms and bathroom and benefits from double glazing and central heating system. There is an allocated parking space to the front and the rear has a communal area.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
CAS240258/2
Rooms
Main Description
*Starting Bid £75,000
Auctioneer Comments
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, Iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold (truncated)
Lounge
5.5m (Max) x 3.66m - A double glazed door opens from the side aspect, A storage cupboard, a central heating radiator and two windows overlook the front aspect. An openings lead to the kitchen and inner hall.
Kitchen 1.85m x 2.46m (6' 1" x 8' 1")
Fitted with a range of wall and base units, a roll edge work surface with tiled splash backs and a stainless steel sink with a chrome effect mixer tap inset. A stainless steel electric oven, electric hob with a stainless steel cooker hood over. An integral fridge freezer and dish washer, plumbing for a washing machine, under cupboard lighting, tiled effect laminate flooring and a window overlooks the side aspect.
Inner Hall
Doors lead to the bedrooms and bathroom.
Bedroom One 2.46m x 3.63m (8' 1" x 11' 11")
A central heating radiator and a window overlooks the rear aspect.
Bedroom Two 1.85m x 1.85m (6' 1" x 6' 1")
A central heating radiator and a window overlooks the rear aspect.
Bathroom 1.52m x 1.85m (5' 0" x 6' 1")
Comprises of a low level WC, a pedestal wash basin and a panelled bath with an electric shower over. Part tiled walls, tiled effect laminate flooring and a chrome effect heated towel rail.
Exterior
There is an allocated parking space to the front and the rear has a communal area.
Agents Notes
Leasehold details - The lease is for 999 and was issued from 1 January 1999.
These details have not been checked or verified. We recommend that anyone interested in purchasing this property should consult with their Solicitor prior to exchange of contracts.
To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations. We outsource this check to a third party and a charge will apply. Ask the branch for further details.
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