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" Property Description

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £166,500. Offered with a tenant in situ paying £1000PCM.

Property Details

Offered with NO ONWARD CHAIN is this this modernised one bedroom, sceond floor apartment. The property is situated in a cul-de-sac location and offers the potential to purchase for new lease on completion.
Details:
pattinson.blob.core.windows.netpaccess-legalproperty-legal-pack43632939845.pdf
Conditional Terms:

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 availab
Auctioneers Additional CommentsPattinson 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 biddersbuyers 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 buyersâ-- obligations and sellersâ-- commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property andor Land Title purchase.Auctioneers Additional CommentsIn 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.
Video Viewings:
If proceeding without a physical viewing please note that you must make all necessary additional investigations to satisfy yourself that all requirements you have of the property will be met. Video content and other marketing materials shown are believed to fairly represent the property at the time they were created.

Leasehold Information

Annual cost for ground rent £350.00
Annual service charge £887.50

Tenure Unexpired Years 84

If you‘d like to talk to us about this property, quote reference 5243830 when calling.