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Total views:  500+
Guide price
£150,000

Studio for sale

Surbiton, Surrey, KT6
Featured
Auction
Chain-free
Studio
1 bath
281 sq ft / 26 sq m
EPC rating: E
Added > 14 days

Key information

TenureLeasehold | 152 yrs left
Ground rent£0 per annum | review period: unconfirmed
Service charge£1,644 per annum
Council taxAsk agent
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold (152 years remaining)
  • Leasehold Term 166 years from 17/05/2011
  • Chain Free
  • Long Lease
  • Off Street Parking
  • Commuanl Gardens
  • 0.2 miles To Shops and Amenities
  • 0.2 Miles To Buses Links And Trains
  • For Sale Via Auction
  • Immediate ‘exchange of contracts’ available
  • Buyers Fees Apply
Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £150,000

Property Details

Chancellor's is delighted to present this expansive studio flat in a prime central location, 0.2 miles from Surbiton station and the town centre. The flat boasts contemporary built-in appliances and a modern bathroom.

This property is being sold subject to unconditional reservation fee auction terms and conditions.



Timescales



Contracts will exchange immediately. There are 28 days in which to complete the purchase.



Legal Pack



A legal pack is available to download. Special conditions may apply.



We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.



Deposit



In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.



The deposit is non-refundable.



Buyer Fees



This property is sold subject to a non-refundable reservation fee of 3.75% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price.



A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.



ONLINE AUCTION NOTICE



I hereby acknowledge and confirm the following:




My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.



If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.



Any amount payable at the close of the auction must be paid within 1 hour.



Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.



Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.



Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.



The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.



It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.



The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.



Minimum online bidding increments:

£50,000 - £250 minimum bid

£50,001 to £150,000 - £500 minimum bid

£150,001 to £250,000 - £1,000 minimum bid

?£250,001 to £750,000 - £2,500 minimum bid&
Details:
Please login to view legal packs for this property.
Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

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About this agent

Chancellors - Surbiton Sales
Chancellors - Surbiton Sales
1-5 St Mark's Hill Surbiton KT6 4LH
020 8115 3761
Full profileProperty listings
Chancellors are a leading estate agents and lettings business who are committed to delivering exceptional service. Our experienced team in Surbiton are
here to offer you expert guidance, whether you are looking at buying, renting, selling or letting out a property in the area. With intimate local knowledge of
Surbiton and the surrounding areas, our Surbiton estate agents are perfectly placed to offer you full support in your property search. Our wide range of sales
and lettings services include: Free no-obligation market appraisals An extensive portfolio of residential and commercial properties for your consi... Show more
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