An exceptional opportunity to acquire a two/three-bedroom semi-detached bungalow designed for independent living for those over 65. Located within the sought-after Tiddington Court Development, the property is conveniently situated less than two miles from Stratford-upon-Avon. Just 0.2 miles from local shops and with bus stops right outside. Recently redecorated and newly carpeted throughout, the bungalow also features its own private garden.
The accommodation briefly comprises; entrance hallway with useful storage cupboard and leads to a living room, brand new fully fitted kitchen with brand new appliances, walk in wet room with level access shower and three further bedrooms. One of the bedrooms could be used as a dining room. Outside, boasts a private front, side and rear garden along with a residents car park.
Tiddington Court is run by owners, for owners and comprises forty-two spacious one and two bedroom apartments/bungalows. Amenities include Owners' lounge, on-site dining, guest suite and landscaped gardens. The Court, with 24-hour on-site staff, offers owners the opportunity of retaining independence within an active social community.
Auctioneer Note - The sale must be made subject to the occupier obtaining freeholder consent. This consent involves two key considerations:
•Age criteria: the occupier must have a minimum age of 65 (or less with a waiver from the local authority for a disability). •Suitability: the court must be confident that they can accommodate the needs of the occupier.
In addition, freeholder consent confirms the following conditions:
•Companies cannot bid on the property •Sub-letting will not be allowed so no buy-to-let brigade. •The bidder must be the occupier unless they are buying for a direct relative (child for a parent).
Please refer to the legal pack for further information.
Auction Terms - The property will, unless previously withdrawn, be sold subject to the Special and General Conditions of Sale, which have been settled by the Vendor’s Solicitor and are contained within the Auction Legal Pack. This pack is available to download to registered bidders. Please contact the Auction Department for details on how to register to bid. The purchaser shall be deemed to bid on those terms whether they have inspected the Conditions or not.
The sale of this property will take place on the stated date by way of an online conditional auction and is being sold with a Fixed Fee. If you are a successful buyer, you will enter a Reservation Contract with the Seller and agree to Exchange and Complete within 56 days. If you are planning to purchase with finance, please ensure you inspect and consider the property carefully with your lender before bidding. At the end of the auction, to reserve the property, the Buyer will pay a Reservation Fee.
Some sellers may consider a pre-auction offer, and the Lot may be sold before the auction.
Auction Deposit And Fees - The following non-refundable auctioneer’s fee apply. These will need to be paid to the auctioneer prior to the commencement of the reservation agreement:
• Buyer’s Reservation Fee of 4.2% of the purchase price including VAT, subject to a minimum of £5,000 plus VAT (£6,000 inc VAT). • Search pack of £336 inc. VAT
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Guide Price & Reserve Price - The guide price offers an indication of the price below which the vendor is not willing to sell. It is not necessarily the exact final sale price and is subject to change prior to and up until the day of the auction. Any change in the guide price will reflect a change in the reserve (a figure below which the auctioneer will not be able to sell). The reserve can be expected to be set within the guide range or not more than 10% above a single-figure guide. (RICS Common Auction Conditions 4th Edition).
Plans - Plans shown are for identification purposes only.
Services - The auctioneer understands that mains water, drainage, gas and electricity are connected to the property, though these services have not been tested. Buyers are advised to make their own enquiries to confirm the connected services.
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Tenure And Possession - The property and land are leasehold and vacant possession will be given upon completion which is normally 20 working days after the auction (please refer to the Legal Pack for further details). There are currently 79 years unexpired on the Lease. The annual service charge is circa: £10,022pa
Bidder Registration And Auction Legal Pack - Following your viewing, we are delighted to invite you to register with our Auction Passport service, please go to: online.sheldonbosleyknight.co.uk Once you have registered, you will be authorised to bid. You will also be able to download the Auction Legal Pack. If you register before the Auction Legal Pack has been completed by the sellers solicitor, you will be automatically notified once it has been uploaded.
The Auction Passport requires you to put the details of your solicitor. If you would like to use our own preferred solicitors, please select ‘preferred solicitor’, and we will generate a quote for you.
If this is the first time you have accessed Auction Passport, just press the green button on the left-hand side ‘Click here to sign up for free' to create a new account.
Legal Documents & Additional Costs - It is essential bidders check the legal documents prior to bidding and take professional advice. Special conditions of sale can contain additional costs (that is costs over and above the price the lot is ‘knocked down’ at) and bidders are deemed to be aware of any additional costs prior to bidding.
Viewings - All viewings are by appointment only through the Auction Department
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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