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 buyer’s solicitor. This additional time allows buyers to proceed with mortgage finance.
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.
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.”
The current vendors of this property have agreed with us to market their property on the understanding we arrange viewings for buyers who can move forward. Therefore they are already SOLD, have a sale agreed, or have a mortgage in place. To view this property we will require proof of your ability to move forward. We will be requesting you provide your Agreement in Principle from your mortgage lender, Your Estate Agents details so we can confirm you are SOLD or under offer. Alongside proof of ID so we know who we will be meeting at the property. Thank You
The property is approached via the communal garden and paved pathway leading to the communal entrance door and entrance hallway. Private door into:-
Storage cupboard housing the electrical meter and fuse board, also allowing storage for coats, wood effect flooring. Open plan to:-
Double glazed window to the front, decorative part coving to the ceiling, wall mounted heater. Opening to the inner vestibule and further opening to the side into the kitchen:-
Range of white high gloss effect wall mounted and floor standing base units. Roll edge work surface over incorporating a stainless steel effect sink and drainer unit with a mixer tap over. Appliances built in consist of an under unit oven with an electric hob and extractor over Partly tiled black brick effect tiling to the wall area, tiling to the floor area, spotlights inset to the ceiling, and two double glazed windows to the side.
Doors to both bedrooms and the bathroom area.
Double glazed window to the side, wall mounted heater and fitted wardrobe with two mirror fronted sliding doors for access.
Double glazed window to the side, wall mounted heater and a built in wardrobe.
Suite comprised of a panelled bath with a shower unit over, low flush w.c, and a pedestal wash hand basin. Wall mounted electric heater, spotlights inset to the ceiling, tiling to the walls with a chrome effect edging, tiling to the floor area, and a double glazed window to the side
The property has communal gardens surrounding the property.
service Charge & Ground Rent per annum approximately £1200-£1300
Can be rented out for £700-£740 pcm
Lease has around 127 years remaining