Welcome to Flat 35 Lockinge House Kingman Way, Newbury, a cozy and compact flat type home with 1 bed in the RG14 7GR area. This lovely residence, which comes with a leasehold tenure, and sits comfortably in tax band C.
This classic property was built
The neighbourhood is known for having good properties at a reasonable price -
with a market valuation of £310,700 and a rental potential of £2,020 per month,
,
it represents not just a residence but a worthwhile investment in a sought-after area.
You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.
In addition to our own current description, this property has received a tailor-made description dated to May 2, 2024. It's possible the property has changed since then,
but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.
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Property Description
Being sold via Secure Sale online bidding. Terms & Conditions
apply. Starting Bid £230,000
Property Details
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 bidlot 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&nb
Details:
Please
login to view legal packs for this property.
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.
Tenure Unexpired Years 118
If you‘d like to talk to us about this property, quote reference
5397655 when calling.
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Tax band C
