* Leasehold
* Leasehold Term 125 years from 18/05/2015
* Open Plan Living/Dining Room - Kitchen
* Master Bedroom with Ensuite
* Second Double Bedroom - Family Bathroom
* Balcony - Off Road Parking
* Viewing Highly Recommended - No Chain
* Visitors Car Park for Chatham House
* For Sale by Auction - Ts and Cs apply
* Sold via ‘Secure Sale’
* Immediate ‘exchange of contracts’ available
**Property Description**
Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting
Bid £230, 000
**Property Details**
Situated on the Racecourse grounds, Chancellors are happy to present this well
finished two - bedroom property including one bathroom and an en - suite to the
master bedroom. The property boasts off street parking and no onward chain.
With Newbury Racecourse train station located 0. 1 miles away and Newbury town
centre 0. 9 miles away, the property provides a lovely living environment, as
well as access to shops and travel routes. Viewing is highly recommended.
As well as being home to Newbury Racecourse, the town itself offers a
comprehensive range of shopping, leisure and educational facilities, in
addition boasting one of the best parks in the world just minutes away from
the town centre, Victoria Park, recently voted as such for its highest
possible environmental standards, continual high maintenance and excellent
visitor facilities. Newbury is the headquarters of Vodafone UK and offers a
railway station on the direct line to London Paddington (fast train to
Paddington has an approx. Travel time of 41 minutes). There are also excellent
road links via the A34 and M4 motorway, a convenient commute for those working
in Reading, Oxford and Southampton.
Well presented two bedroom, two bathroom property offered to the market with
no onward chain within the prestigious racecourse development.
Allocated off road parking and the great benefit of a visitors car park for
this building. Benefiting from private balcony and lift access to the
apartment.
Situated on the Racecourse grounds, we are happy to present this well finished
two - bedroom property including one bathroom and an en - suite to the master
bedroom. The property boasts off street parking and no onward chain.
With Newbury Racecourse train station located 0. 1 miles away and Newbury town
centre 0. 9 miles away, the property provides a lovely living environment, as
well as access to shops and travel routes. Viewing is highly recommended.
As well as being home to Newbury Racecourse, the town itself offers a
comprehensive range of shopping, leisure and educational facilities, in
addition boasting one of the best parks in the world just minutes away from
the town centre, Victoria Park, recently voted as such for its highest
possible environmental standards, continual high maintenance and excellent
visitor facilities.
Newbury is the headquarters of Vodafone UK and offers a railway station on the
direct line to London Paddington (fast train to Paddington has an approx.
Travel time of 41 minutes). There are also excellent road links via the A34
and M4 motorway, a convenient commute for those working in Reading, Oxford and
Southampton.
The property is currently tenanted.
**Details: **
**Conditional Terms: **
This property is being sold subject to unconditional reservation fee auction
terms and conditions.
_Timescales_
Contracts will exchange immediately. There are 28 days in which to com
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'.
This auction lot is being sold either under 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 Marketing Agents
or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will
require your details being shared between both any marketing agent and The
Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
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 of identity
process in accordance with Anti Money Laundering procedures. Bids can be
submitted at any time and from anywhere.
Our verification process is in place to ensure that aml procedure are carried
out in accordance with the law.
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.
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 equivalent to 5% of the purchase price of the property. The
deposit will be a contribution to the purchase price. A non - refundable
reservation fee of up to 6% inc VAT (subject to a minimum of 6, 000 inc VAT) is
also required to be paid upon agreement of sale. 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 necessary or
beneficial to the customer to pass their 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.
**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 5217505

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