2 bedroom flat for sale

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 (for standard Grade 1 properties). 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 £6,000.00 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.

Coming to the market with NO FORWARD CHAIN is this well proportioned two bedroom first floor flat. Improved with many works completed or partially completed, this property needs the refurbishment completing and done to building regulation standards. The property briefly comprises, communal entrance, stairs and landing, kitchen breakfast room, lounge, two bedrooms and bathroom. The property has use or owns part of the back garden and this is yet to be confirmed, also the flat is believed to have an off road parking space to the front which also needs to be confirmed. The property makes a good investment with rents for this property in a completed state at approximately £475 PCM.

Communal entrance
Frosted wood door from covered porch with white and grey decor, wood laminate floor, pendant light and original coving.

Stairs and landing
Stairs to split landing area with newly plaster walls, spindled staircase and landing, pendant light.

Kitchen breakfast room - 13' 4'' x 12' 7'' (4.06m x 3.84m)
A large kitchen dining area has uPVC window to the rear, white units to two sides with grey work top and stainless steel sink drainer. The area has enough space for a dining table and has white decor, strip light and radiator

Lounge - 13' 11'' x 12' 6'' (4.25m x 3.82m)
Large room to the front with new plastered walls, single glazed wood window, white decor and pendant light.

Bedroom One - 13' 7'' x 12' 7'' (4.14m x 3.83m)
Large double bedroom with plastered walls, wood single glazed window, radiator and pendant light.

Bedroom Two - 10' 5'' x 6' 3'' (3.18m x 1.91m)
A smaller second bedroom has wood single glazed window to the front, blue decor, radiator and pendant light.

Bathroom - 6' 0'' x 8' 10'' (1.82m x 2.70m)
The bathroom has plastered walls, single glazed window to the side with bath and WC.

Rear gardens
The property is believed to access to a shared garden.

Parking
The property has a drop curb and two parking spaces, one of which is believed to be part of the lease of this property.

*NOTE*
This property does have 43 years left on the lease however the vendor has agreed to extend the lease once we have a buyer proceeding.

Council Tax Band: A
Tenure: Leasehold
Lease Years Remaining: 43
Ground Rent: £50.00 per year