* Leasehold
* Leasehold Term 125 years from 01/11/1991
* Double Bedroom
* Open Plan Living/Dining Room
* Separate Kitchen
* Bathroom
* Ample Parking
* Communal Gardens
* No Onward Chain
**Property Description**
The Meads is an over 60's retirement development situated in 15 minute walking
distance to Central Windsor. Located at the end of a non - through road with
ample parking, communal gardens and no onward chain.
**Property Details**
The Meads is a retirement development located at the end of this non through
road within good proximity of a Tesco Express and bus stop. The flat itself is
located on the ground floor and is presented in excellent order throughout
comprising entrance hall, white shower suite, double bedroom, good size
sitting room with adjacent fitted kitchen. The building itself has a lift,
laundry room for residents, communal lounge and onsite warden. Outside are
well kept communal gardens and ample parking.
**Auction Method: **
The auction for this property will be conducted online through our online -
bidding platform. This is a “Timed Auction”, so there are no other lots being
sold alongside this property.
The timeslot for the auction is displayed on sdl Property Auctions’ website.
To view this, search for the property on their website. Then click onto the
property to view the property details. The time remaining to bid and end date
of the auction is displayed on the page.
You are required to undertake identity checks before you can be authorised to
bid. You must also provide your payment details. If you do not provide this
information, your registration will not be processed.
When you place your bid, you are deemed to have agreed to sdl Property
Auctions’ Buyers Terms (England & Wales) which are available on sdl Property
Auctions website.
Auction type - Unconditional with Variable Fee:
If you are the highest bidder, you must exchange legally binding contracts for
the sale when the auction for the property comes to an end. You must then pay
the applicable fees and deposit. You must complete the sale within 15 business
days unless the Special Conditions of Sale contained within the Legal Pack
state otherwise.
**Auction Fees: **
The following non - refundable fees apply:
Buyer’s Fee - payable on exchange of contracts. This is calculated as a
percentage of the actual purchase price of the property. Either:
(a) 4. 8% (including VAT) of the purchase price, for properties up to and
including £250, 000
(b) 3. 6% (including VAT) of the purchase price for properties sold for over
£250, 000
The Buyer’s Fee is subject always to a minimum of £6, 000 (including VAT). The
Buyer’s Fee does not contribute to the purchase price and will be considered
as part of the chargeable consideration for the property in the calculation of
stamp duty liability.
Deposit:
On exchange of contracts, you must pay a non - refundable deposit equal to 5% of
the actual purchase price of the property, subject to a minimum of £5, 000. The
deposit contributes towards the purchase price.
**Payment Method: **
When you register to bid, you will be prompted to provide your payment details
to sdl Property Auctions. In the event that you are the winning bidder, your
card will automatically be charged a proportion of the Buyer’s Fee & Deposit.
The payment will be calculated based on the guide price of the property, in
line with the fee scale described above. Where the actual purchase price is
higher than the guide price, you will be required to pay the difference
immediately after the end of the auction, which can be paid by debit card or
bank transfer. Payment by cash or cheque will not be accepted.
Example: You win the bid on a property with a guide price of £150, 000, but the
actual purchase price is £170, 000. At this point your bid is successful you
will be charged as follows:
Buyer’s Fee of £7, 200 - 4. 8% of guide price
Deposit of £7, 500 - 5% of the guide price
As the actual purchase price amounted to £170, 000, after the auction, you will
be required to pay the following additional amounts on top of the initial
payment:
£960 for Buyer’s Fee shortfall (£8160 due as 4. 8% of actual purchase price)
£1, 000 for Deposit shortfall (£8500 due as 5% of actual purchase price)
Legal Pack:
Before bidding, you must view the legal pack for the property. This is the
collection of legal documents that apply to the sale. The documents will
include but are not limited to: Special Conditions of Sale, title documents
from the Land Registry and Energy Performance Certificate.
To view the legal pack, first search for the property on sdl Property
Auctions’ website and click onto the property to view the property details.
There will be a sub - heading “Legal Documents”. Underneath this, you will be
prompted to “Log in to view the legal documents”. Follow this link, you will
then be directed to create an account with Auction Passport to view the
documents.
The legal pack can change at any time up until the auction starts so you must
check for the most recent version of the legal pack. At the point of placing
your bid, you are deemed to have read the legal pack in its entirety,
including any changes. Failure to check for changes to the legal pack will not
be a valid reason for withdrawing from the sale.
It is strongly recommended that you instruct a qualified professional to
review the legal pack and raise any necessary enquiries before bidding.
Special Conditions of Sale:
The property is sold subject to any Special Conditions of Sale. These are
contractual conditions that are included by the seller of the property - they
are not part of sdl Property Auctions’ terms and conditions. The Special
Conditions of Sale are legally binding. You are taken to have read and
accepted these at the point of bidding, even if you have not done so. The
Special Conditions of Sale are available to read in the legal pack.
Registration Process:
To register to bid on the property, search for the lot on sdl Property
Auctions website. Click onto the property, follow the link to “Log in/register
to bid”, and you will then be directed to create an account with the online -
bidding platform provider, eig.
**Video Viewings: **
If proceeding without a physical viewing please note that you must make all
necessary additional investigations to satisfy yourself that all requirements
you have of the property will be met. Video content and other marketing
materials shown are believed to fairly represent the property at the time they
were created.
Property reference 5017565

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)

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