* Being Sold via Secure Sale online bidding. Terms and Conditions apply.
* Tenanted @ 850pcm
* Views Over Cintra Park from Apartment
* Cats & Dogs Accepted (Subject to Lease Terms)
* McCarthy Stone build Circa 2005
* Lift Access & Communal Grounds
* Over 60's Independent Living with No Onward Chain
**Summary**
Sellers view:
"The flat is in a good location overlooking the park with good connections to
bus services/local shops. It also has its own secure gated parking and a lift
within the building if required.
Although you are living independently, the manager of the building lives on
site, she is so helpful and approachable if needed. You don't feel you are
entirely on your own if you need help with anything.
It's a lovely place to live and highly regarded by the residents who are very
happy there. "
Kiel's View:
"A McCarthy Stone development of 43 independent apartments constructed circa
2006 with resident management staff and Caroline alarm service in addition to
lift, communal grounds, parking and wonderful views over Cintra Park!
The home is currently tenanted and for an investor it would be ideal as
staying would be a preferred option if available. Current rental figure is
800 - 850pcm.
With lift access, communal grounds and ease of access into Reading as well as
a Post Office within 0. 75 miles and guest facilities, this could be an ideal
home in Reading for someone over 60 looking to downsize and take the next
step.
Regular Social activities include: Coffee morning, fish & chip supper, and
birthday teas. New residents accepted from 60 years of age. Both cats & dogs
generally accepted (subject to terms of lease and landlord permission). "
Over 60`s accommodation
Communal gardens
Lift access
Allocated parking space
Stunning views over a park
Area view:
Distances:
Bus stop 700 yards;
Shop 0. 75 mile(s)
Post Office 1 mile(s)
Town centre 2 mile(s)
gp 1 mile(s)
Social centre 1 mile(s)
Misc
Rental - 800 - 850pcm
Lease Start Date - 11/09/2006
Lease End Date - 01/11/2131
Lease Term - 125 Years From 1 November 2006
Lease Term Remaining - 107 years
For sale through Pattinson Auction under Conditional Terms
Council Tax Band: D
Tenure: Leasehold
Length Of Lease: 108
Annual Ground Rent Amount: 394. 00
Annual Service Charge Amount: 3, 551. 00
**Auctioneers Additional Comments**
Pattinson Auction are working in Partnership with the marketing agent on this
online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will
require your details to be shared between both the marketing agent and The
Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, 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 Auctioneers or the
Marketing Agents website.
**Auctioneers Additional Comments**
Your details may be shared with additional service providers via the marketing
agent and/or The Auctioneer.
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 buyers' obligations and sellers' commitments.
It is strongly advised that you seek the counsel of a solicitor prior to
proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer,
all bidders/buyers will be required to adhere to a verification and identity
process in accordance with Anti Money Laundering procedures.
**Auctioneers Additional Comments**
In 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 of 5% of the purchase price of the lot subject to any
special conditions detailed in the legal pack. The deposit will be a
contribution to the purchase price. A non - refundable reservation fee may also
be payable upon agreement of sale (Details of which can be obtained from the
auctioneers website). 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 it necessary or
beneficial to the customer to pass your 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.

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