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"A ground floor 1 bedroom apartment in close proximity to the popular Porthtowan beach. Offered to the market chain free and in need of modernisation, this flat could provide a great opportunity for a buy to let investor with the property being sold with a sitting tenant. Accommodation briefly comprises, open plan lounge kitchen, bathroom and one double bedroom.

More details and photos to follow but in the meantime please contact the branch for more information.

Location
Porthtowan itself offers a large sandy beach popular with bathers and surfers alike, with a range of local facilities including shop, cafes and wine bar. The nearby village of St Agnes 3 miles has a further range of local facilities and there is primary schooling at the nearby village of Mount Hawke as well as St Agnes. The cathedral city of Truro is some 9 miles distant and has a mainline railway station as well as the extensive retail, recreational and educational facilities one would expect of the main county town.

Information
Tenure Leasehold
Years remaining Approximately 969 Years
Maintenance charge £26.95 per month
Council Tax Band B
Services We understand the property to have mains electricity, drainage and water as well as electric heating.
There is an on going insurance claim for a leak in the bathroom.
Broadband Standard or Superfast 16mbps to 52mbps download speed estimated source checker.ofcom.org.uk
Mobile None estimated source checker.ofcom.org.uk
Agents note The property is being sold with a sitting tenant. Also be advised ariel shot is location of the flat and also be advised that photo number 4 is a gallergy photo of local beach, not view from property.

Auctioneers 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. 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 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 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 £349.00 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 Should you opt to use Conveyancing Services recommended by iamsold or the Partner Agent, please be advised that the Partner Agent will receive payment of up to £450.00 from the Conveyancing Provider for that recommendation where the services are taken, and a sale completes. It is important to note that recommended services are optional, and you should consider your options carefully before accepting any recommended services.


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