Listed for £110,000
August 27, 2022
The Property
This CHAIN FREE spacious THREE bedroom apartment is situated conveniently for local shops and amenities and bus routes across the local area.
A number of schools including 'Spires College'
Babbacombe with its beaches, facilities and entertainment is a short distance away.
This would make an ideal First Time Buy and also would offer good investment potential.
The building has undergone a number of improvements, both externally and internally making this an attractive opportunity. Communal Satellite television point.
To book your viewing go to Purplebricks,com or download our user friendly app to your device. Enter the building via the communal security door to a recently refurbished and redecorated communal hall with staircase to all floors.
A private front door opens in to the entrance hall.
From here there a two built in storage cupboards. Doors to the kitchen and the lounge/diner.
The kitchen has a double window and and base units. Inset sink drainer unit and spaces for a washing machine, cooker and fridge freezer. Door to a larder storage.
The lounge/diner is spacious with double glazed double aspect windows delivering an abundance of natural light. A double glazed door opens to the balcony. Feature focal point fire place.
Communal satellite television point. Entrance through to inner hall. The balcony is sheltered from above and provides a welcomed seating and relaxation space.
The inner hall leads through the property and provides access to the three bedrooms and the shower room.
Bedroom one is a good sized double bedroom with a double glazed window. Bedroom two is also a double with a double glazed window.
Bedroom three is a good single which could also make a very good home office/study, also with a double glazed window. The shower room is a good sized with walk in easy access shower cubicle. Low level W.C and pedestal; wash hand basin. Door to the airing cupboard.
A bath/shower bath could be reintroduced should it be preferred.
Character Property
To the outside communal grounds are residents washing lines and plenty of space for seating and relaxing.
Communal Bin Stores.
The property has undergone recent redecoration and improvements to the following..
Communal areas including double glazed
Bin stores
External redecoration
Balcony Railings
Sheds
Communal Satellite dish
Lease info: 125 years from 1 April 1987
Monthly maintenance cost is only £75.00 PCM
( approximate and will be confirmed by a Solicitor with the purchase ) 125 years from 1.4.1987
Service charge - £1437.24 per annum Ground rent - £10
Property Description
Being Sold by GOTO Online Auction
Starting Bids from £110,000
Buy it now option available
Please call or visit Purplebricks Online Auctions for more information.
This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been issued by the vendors solicitor. Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee. The fee will be a fixed fee including the Vat, this secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.
Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.
To book a viewing visit Purplebricks
General Information
This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be sort.
The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Info Pack which can be downloaded for free from our website or requested from our Auction Department.
Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyers Premium of £6,600 including VAT plus an administration charge of £372 including VAT, a total of £6,972. This secures the transaction and takes the property off the market.
The Buyer’s Premium and administration charge are in addition to the final negotiated selling price.
Buyer's Administration Charge
If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay £372.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
Property ownership information
Ground rent review period: Every 1 year
Service charge review period: Every 1 year
Lease end date: 30/03/2112
Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.
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