* Leasehold
* For sale via online auction (T&c's apply)
* One bedroom retirement apartment
* No forward chain
* Communal gardens
* Off road parking
* Sought after location close to amenities
Retirement flat - Offered for sale is this one double bedroom retirement flat
for residents over 60’s situated in this sought after location close to local
shops and regular transport services.
The accommodation is located on the first floor within the purpose built
development of ‘Sunnyhill Court’ and is accessed via a secure phone entry
system. The property comprises of an entrance hall leading through to one
double bedroom, bathroom suite, spacious reception room and fitted kitchen.
Externally the accommodation has off road parking on a first come first serve
basis and use of communal gardens.
Lease - 92 years (approx. )
Service charge - £2200 per year (approx. )
Ground rent - £200 per year (approx. )
Potential rental income - £650 - £700 per calendar month
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. 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.
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 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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