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*** AUCTION SALE VIA BAMBOO AUCTIONS ***
This one bedroom first floor apartment presents a fantastic opportunity for renovation, offering great potential for those looking to put their personal touch on a property. The spacious open plan kitchen, dining, and living area is filled with natural light, offering delightful views over the generous communal garden at the front of the building. To the rear of the apartment, you ll find a good sized double bedroom and a separate family bathroom, both of which benefit from a peaceful position within the property.
Outside, there is a well maintained communal garden, and at the rear, a shared courtyard with designated storage in an outbuilding. Located just a short walk from the town centre, this property is ideally situated for easy access to local amenities, shops, and transport links.
While the apartment requires a complete refurbishment, it provides a wonderful opportunity to create a stylish home in a prime location.
Perfect for first time buyers or investors looking for a project with great potential.
METHOD OF SALE
The property is offered for sale by Traditional Online Auction unless sold prior via Bamboo Auctions.
The auction end date is 12 noon on 01 05 2025 and exchange will occur when the online timer reaches zero provided the seller s reserve price has been met or exceeded .
The winning buyer will be legally obliged to purchase the property at their highest bid price.
The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date.
In order to bid first, register and verify your email.
Then, via the dashboard
pass an ID check
enter your card details
enter your solicitor details
AUCTION LEGAL PACK
This is available to download free of charge to those who have registered, from Bamboo Auctions website.
It is the purchaser s responsibility to make all necessary enquiries prior to the auction and we recommend purchaser s instruct a solicitor to assist.
AUCTION GUIDE PRICE
£110,000
BUYERS & ADMINISTRATION FEE
The successful purchaser s will be liable to pay the sum of £5,000 inc VAT.
From this a buyers fee of £3,960 inc VAT is retained by Luscombe Maye and our auction partner, Bamboo Auctions as a contribution towards the online auction platform costs, and £1,040 forms the deposit which is payable towards the purchase price.
The remainder of the 10% deposit less £1,040 must be paid to your solicitor within 48 hours of the end of the online auction.
Administration Fee
An additional administration fee of £1,200.00 inc. VAT will be payable by the successful purchaser immediately after the auction to Luscombe Maye Estate Agents.
PROOF OF IDENTITY
Under Money Laundering Regulations 2017 it is a requirement for Estate Agents to perform due diligence checks on any person that intends to bid at auction.
There will be a requirement for all bidders to register via the online sales site and complete the ID checks.
Registering is free of charge.
MATERIAL INFORMATION
To ensure legal compliance, we require our sellers to complete a Property Information Questionnaire or provide a Material Information Guide along with the title document. If available, please scan the QR code or access the additional online material information you can contact our team for this information.
Verified Material Information
Council tax band A
Tenure Leasehold
Lease length 59 years remaining 99 years from 1985
Service charge £600 pa
Property type Flat
Property construction Standard construction
Electricity supply Mains electricity
Solar Panels No
Other electricity sources No
Water supply Mains water supply
Sewerage Mains
Heating None
Heating features None
Broadband FTTP Fibre to the Premises
Mobile coverage O2 Great, Vodafone Good, Three Great, EE Good
Parking Communal, Off Street, Private, and Rear
Building safety issues No
Restrictions Listed Building No
Restrictions Conservation Area No
Restrictions Tree Preservation Orders None
Public right of way No
Long term area flood risk No
Coastal erosion risk No
Planning permission issues No
Accessibility and adaptations None
Coal mining area No
Non coal mining area Yes
Energy Performance rating D
All information is provided without warranty. Contains HM Land Registry data Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you. You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts builder, plumber, electrician, damp, and timber expert.
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