MODERN AUCTION PROPERTY - T&C's and Buyers Fees Apply. A first floor maisonette situated in a convenient location and offering accommodation comprising lounge, fitted kitchen, double bedroom, bathroom, allocated parking space and communal gardens. A lease extension of an additional 90 years available for an additional cost.The property is set back behind well maintained communal gardens with a paved footpath leading to a wooden front door leading intoEntrance HallwayWith ceiling light point and stairs rising toLandingWith ceiling light point and doors intoLounge to Rear - 4.29m x 3.38m (14'1" x 11'1")With single glazed window to rear elevation, electric storage heater, ceiling light point, wall mounted electric fire, door to bedroom and opening intoFitted Kitchen to Rear - 2.59m x 2.54m (8'6" x 8'4")Being fitted with a range of high gloss wall, drawer and base units with complementary work surfaces over, composite sink and drainer unit with mixer tap, four ceramic gas hob with extractor canopy over and inset electric oven. Space and plumbing for washing machine, space for fridge freezer, tiling to splash prone areas, wood effect flooring, ceiling light point and single glazed window to rearDouble Bedroom to Rear - 3.61m x 3.12m (11'10" x 10'3")With single glazed window to rear elevation, ceiling light point and built in double wardrobe and cupboardBathroom - 2.16m x 1.68m (7'1" x 5'6")Being fitted with a three piece white suite comprising a panelled bath with electric shower over and glazed screen, pedestal wash hand basin and a low flush W.C. Tiling to water prone areas, ladder style heated towel rail, loft hatch and ceiling light pointExternalThere is an allocated parking space and visitors parkingTenureWe are advised by the vendor that the property is leasehold and currently has approx. 57 years remaining on the lease with a service charge of approx. £400 per annum and a ground rent of approx. £65 per annum. We are advised by the vendor that the lease may be extended by a period of 90 years in addition to the present unexpired lease term of 99 years from 25 March 1984 on payment of the capital sum of £15,000 subject to contract plus the freeholders' legal costs which would be in the order of £1,850 plus VAT and valuation charges of £750 no VAT. We would advise all interested parties to obtain verification through their own solicitor or legal representative. EPC supplied by Vendor. Current council tax band – BProperty Misdescriptions ActSmart Homes have not tested any equipment, fixtures, fittings or services mentioned and do not by these Particulars or otherwise verify or warrant that they are in working order. All measurements listed are given as an approximate guide and must be carefully checked by and verified by any Prospective Purchaser. These particulars form no part of any sale contract. Any Prospective Purchaser should obtain verification of all legal and factual matters and information from their Solicitor, Licensed Conveyancer or Surveyors as appropriate.Auctioneer CommentsThis 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, Brookvale Auctions 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 £10,000.00 plus 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 Brookvale Auctions 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 property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.Referral ArrangementsThe Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
B
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Submit an enquiry and someone will be in contact shortly.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.