Property description

** no chain **
Cash buyers only

This first floor studio apartment located within the town centre of Stevenage is being offered with no chain and vacant possession. The property would make a great investment. For further details such as achievable rental income please do contact us to discuss.
The property comprises of a modern bathroom and a open plan living/bedroom space. The property is being offered in a good modern condition.

Stevenage has an Old Town and New Town, with a
traditional High Street and pedestrian shopping precinct. The Stevenage Leisure Park has a bowling alley, choice of eating establishments and a multiplex cinema. Stevenage also has the Gordon Craig Theatre between the Town and the mainline railway station which has fast links to London's Kings Cross. The A1M has two Stevenage junctions 7 and 8 with access to the North and South.

Auctioneer Comments
This 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, iamsold Limited
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 4.2% of the purchase price
including VAT, subject to a minimum of £6,000.00 including 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 iamsold 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 buyer will also make payment of £300 including VAT towards the
preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The 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.

Council Tax Band A
118 Years Reaming on Lease
Approx Service charge £775 per year
Approx Ground rent £250 per year.

Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum of six months, with the exception of short-term accommodation. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

HIT220081/8

Bathroom (1.93m x 1.7m)

Kitchen/Studio (5.85m x 4.29m)
Amenities

For Sale by Modern Auction – T & c’s apply

Subject to Reserve Price

Buyers fees apply

The Modern Method of Auction

View, Bid & Buy

Online Bidding Available

Priced to Sell

Fixed Timescales for Exchange and Completion