* Leasehold
***Attention Investors!***
For Sale by Modern Method of Auction. Starting Bid £50, 000 plus Reservation
Fee.
DB Roberts are excited to bring to market this recently refurbished One
Bedroom Apartment situated in a fantastic Shrewsbury location offering
fantastic investement potential.
Walking through the Front Door you will be greeted with a welcoming Entrance
Hall, Spacious Lounge area with recently refurbished Kitchen, Family Bathroom
and separate Double Bedroom.
The property also benefits from a designated Parking space and is ideally
located close to Shrewsbury Town Centre, all amenities and Major Transport
Links!
Don't miss out out and contact us today for further details!
Agent Notes:
Ground Rent is £50 per annum
Service Charge is £700 per annum
Lease Start Date - 17th September 1984
Lease Term - 125 years from 17th September 1984
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, 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. 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 £300. 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.

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