- The Modern Method of Auction
- Basement Flat With Garden
- One Bedroom
- Bathroom
- Kitchen
- For Sale by Modern Auction – T & C’s apply
- Subject to Reserve Price
- Buyers fees apply
- New Carpets & Flooring Fitted Feb 2023
- CALL TO VIEW
Starting Bid £80000 CLOSING DATE: 25th May 2023 at 11am
Leasehold: Date: 1 June 1992
Term: 99 years from 25 March 1991
Rent : £35 rising to £140 and additional rent
Service Charge we believe to be £1600 for 22/23
Council Tax Band: A
Closing Date TBC (awaiting management pack.
Currently, let for £725 PCM
Great location on Central Parade located on the basement level, benefits from having a private rear garden. This superb flat has been updated internally to create a modern, fresh style and has recently been redecorated with new flooring and carpets. The accommodation comprises of lounge, kitchen which has been newly fitted, bathroom/WC, one large double bedroom. The property further benefits from central gas heating and an enclosed garden to the rear access via the inner hallway.
FOR SALE BY MODERN METHOD OF AUCTION:
Auctioneer 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 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 buyers solicitor (for standard Grade 1 properties). 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 4.2% 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.
