* Leasehold
We are pleased to offer for sale with no forward chain a recently redecorated
three bedroom ground floor apartment in Millfield, Peterborough.
The property is centrally located, within close proximity of the train
station, bus station and Queensgate shopping centre. There are convenience
stores, fast food restaurants, a local post office and mosque within a short
walk.
Key features:
- Recently redecorated
- Ground Floor
- Three Bedrooms
- Large Living room
- Parking
The vendor informs us that there are 93 years remaining on the lease. The
management company is Crosskeys Homes. The ground rent is currently approx.
£10 per annum and the service charge is £300. 50 per annum (this does not
include buildings insurance).
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. 5% of the purchase price
including VAT, subject to a minimum of £6, 600. 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.

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