2 BED LUXURY APARTMENT FOR SALE BY AUCTION 13TH - 14TH OCTOBERFOR SALE VIA ONLINE AUCTION ON MONDAY 13th OCTOBER AT 1PM UNTIL TUESDAY 14th OCTOBER 1PM.
OPEN HOUSE EVENT 2ND OCTOBER 3.30PM to 4.00PM
OPEN HOUSE EVENT 8TH OCTOBER 3.30PM to 4.00PM
IF YOU ARE ATTENDING AN OPEN HOUSE YOU WILL NEED TO CONFIRM AND CAN BE ALLOCATED A VIEWING SLOT IF APPLICANTS DO NOT CONFIRM THE OPEN HOUSE WILL NOT BE ATTENDED BOOK YOUR VIEWING BY EMAIL, PHONE OR THE AUCTION HOUSE WEBSITESECOND FLOOR APARTMENT FOR SALE BY AUCTION
Grade II listed building converted into block of apartments.
Two Double Bedrooms set within village of Cross Houses just 5 miles outside of Shrewsbury Town Centre.
The accommodation briefly comprises of the following: Communal entrance hallway, communal second floor landing, reception hallway, spacious lounge/diner offering a pleasing aspect over cross houses and towards local farmland, countryside and beyond, modern kitchen with a range of built-in appliances, two double bedroom with fitted wardrobes, refitted bathroom, well maintained communal grounds, allocated car parking space plus additional visitor parking, secondary and sealed unit double glazing, electric heating.
'The ground rent starts for the first year as a peppercorn rent and then increases for the next 49 years at £100.00 p.a. This increases by £100.00 for the next 2 50th years and then once more for the final 49 years. This will take it over the threshold above which the lease itself could be considered as an Assured Shorthold Tenancy under the definition contained in the Housing Act 1988. If a lease is classed as an AST under the Act this means that the landlord has the right to forfeit the lease and recover possession of the property by an Order of the Court under the Act, if the rent is unpaid for 21 days. The Court normally has the power to grant relief from forfeiture but in these circumstances the Court has no discretion and must grant the Order for possession. The ground rent provisions may affect marketability as they may not be acceptable to some mortgage lenders.
PLEASE NOTE No appliances have been tested by Auction House. Any measurements are approximate. We recommend any would be bidders conduct their own due diligence in good time prior to the auction taking place.
IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.Reception Hallway Having wood effect flooring, wall mounted electric heater, wall mounted telephone intercom system. cupboard housing pressurised water system, loft access. LOUNGE/DINER 6.68m max x 5.74m max (21'11 max x 18'10 max) - Having a range of secondary double glazed and sealed unit double glazed sash windows with a pleasing aspect towards neighbouring property's, local farmland, countryside and beyond, wood effect flooring, wall mounted electric heater. KITCHEN 2.72m x 2.44m (8'11 x 8'0) - Having a range of contemporary eye level and base units with built-in cupboards and drawers, integrated fridge freezer, oven with four ring electric hob, dishwasher, washing machine, fitted worktops with inset stainless steel sink drainer unit with mixer tap over, tiled splash surrounds, wall hung cooker canopy, sealed unit double glazed sash window, recessed spotlights to ceiling. BEDROOM ONE 3.02m max x 2.62m (9'11 max x 8'7) - Having secondary double glazed sash window with pleasing aspect, wood effect flooring, built-in mirror fronted double wardrobe, wall mounted electric heater. BEDROOM TWO 3.00m x 2.54m (9'10 x 8'4) - Having secondary double glazed sash window with pleasing aspect, wood effect flooring, wall mounted electric heater, built-in mirror fronted double wardrobe. REFITTED BATHROOM Having a three piece suite comprising: Panel bath with drench shower over, WC with hidden cistern, wash hand basin set to vanity unit, part tiled to walls, wall mounted electric heater, wood effect flooring, extractor fan to ceiling. OUTSIDE There are well maintained communal grounds.Tenure: LeaseholdEPC Rating: DAdministration Fee: £1800 inc VAT payable on exchange of contracts.Buyer's Premium Fee: £1800 inc VAT payable on exchange of contracts.Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is 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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