2 bedroom flat for sale

Being sold via Secure Sale online bidding. Terms & Conditions apply.



Arbury Court – Renovation Opportunity



Offered via auction, this two-bedroom flat is in need of full renovation and offers huge potential for investors or buyers looking for a project. Set within a purpose-built block with secure fob entry, the flat includes an entrance hall, separate kitchen, lounge, two bedrooms and a bathroom. The property is in poor condition throughout and requires complete refurbishment. Conveniently located near local shops, amenities and transport links into Cambridge city centre. Sold as seen. No onward chain.



Tenure: Leasehold, Service charge charged ever 1/4, Known building safety issues or planned/required works: None at the time of writing Planning permissions: None known at this time. Mobile signal information: Please review the EPC section for this.





Auctioneers 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



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 £7,200 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.

Council Tax Band: B

Tenure: Leasehold

Length Of Lease: 100

Annual Ground Rent Amount: £10.00

Annual Service Charge Amount: £678.00