2 Bed Flat, Cash/Bridging Only, Worcester, WR1 1DF £250,000

The en suite
The en suite bathroom has a contemporary finish with attractive blue subway tiling, a large walk-in shower and a luxurious separate bath. A modern vanity unit and tasteful fixtures complete this inviting space, making it an ideal spot to unwind and relax.

Bedroom two
The second bedroom on the lower floor is generous in size with tall windows letting in lots of natural light. There’s space for a king size bed and additional furniture, making it perfect for guests, family or a home office if required.

The shower room
The main shower room is smart and well appointed with fresh tiling, an enclosed shower, modern sanitary ware and good lighting. On the ground floor, perfect for everyday use and convenient for visitors, this bathroom adds to the practical layout of the apartment.

The Victoria Institute is perfectly positioned on Sansome Walk in the heart of Worcester’s vibrant city centre. This sought after location places you within easy reach of excellent local amenities including independent shops, cafés and restaurants.

For commuters, Worcester Foregate Street station is just a short walk away providing direct rail links to Birmingham and London. The surrounding area offers an abundance of green spaces, riverside walks and cultural attractions including the cathedral and museums. Residents benefit from convenient access to road networks including the M5 motorway for onward travel.

With secure underground parking and everything Worcester has to offer right on your doorstep, this exceptional apartment combines city living with a touch of history and style.

This property benefits from mains gas, electricity, water and broadband.

This is a leasehold property with 126 years remaining on the lease. It has an annual service charge of £2640, maintenance fee of £100 and ground rent of £250.

Broadband: Superfast broadband available. Download speeds up to 80 Mbps and upload speeds up to 20 Mbps (source: Ofcom checker).

Mobile coverage likely available from EE, O2, Vodafone and Three (source: Ofcom).

Flood Risk (Long-term forecast)
According to the Environment Agency’s long-term flood risk data, the Property is currently at very low for river water and medium for surface water.
Between 2040 and 2060, the site is forecast to have high surface water flooding. This information is sourced from the Environment Agency long-term flood risk checker.

Council tax band C

Reservation Fee - refundable on exchange

A reservation fee, refundable on exchange, is payable prior to the issue of the Memorandum of Sale and after which the property may be marked as Sold Subject to Contract. The fee will be reimbursed upon the successful Exchange of Contracts.

The fee will be retained by Andrew Grant in the event that you the Buyer withdraws from the purchase or does not Exchange within 6 months of the fee being received other than for one or more of the following reasons:

1. Any significant material issues which individually are more than 1% of the agreed purchase price and are highlighted in a survey and were not evident or drawn to the attention of you, the Buyer, prior to the Memorandum of Sale being issued.
2. Serious and material defect in the seller’s legal title.
3. Local search revealing a matter that has a material adverse effect on the market value of the property that was previously undeclared and not in the public domain.
4. The vendor withdrawing the property from sale.

The reservation fee will be 0.5% of the accepted offer price for offers below £800,000 and 1% for offers of £800,000 or over. This fee, unless specified otherwise, is payable upon acceptance by the vendor of an offer from a buyer and completion of an assessment of the buyer’s financial status and ability to proceed.

Should a buyer’s financial position regarding the funding of the property prove to be fundamentally different from that declared by the buyer when the Memorandum of Sale was completed, then the Vendor has the right to withdraw from the sale and/or the reservation fee retained. For example, where the buyer declares themselves as a cash buyer but are in fact relying on an unsecured sale of their property. The reservation fee will not be refunded where there is an inability on the part of the Buyer to raise any required mortgage after the Memorandum of Sale is completed.

Once the reservation fee has been paid, any renegotiation of the price stated in the memorandum of sale for any reason other than those covered in points 1 to 3 above will lead to the reservation fee being retained. A further fee will be levied on any subsequent reduced offer that is accepted by the vendor. This further fee will be subject to the same conditions that prevail for all reservation fees outlined above.