SUMMARY
Benefiting from no onwards chain, this studio apartment makes for a fantastic first step on the property ladder or investment opportunity. Well presented throughout with a modern kitchen, contemporary shower room, communal parking and access to communal gardens. Early viewing advised!
DESCRIPTION
The property is being offered for sale via Modern Method of Auction meaning you can own this house in under 8 weeks from the point of offer acceptance in comparison to the national average of 21 weeks! Please be aware that an offer may be accepted prior to auction so please enquire early.
Ideal for first time buyers or as an investment opportunity (potential rental £550 pcm), this studio apartment is located in a popular residential cul-de-sac in Newmarket. Benefiting from no onwards chain, modern accommodation, off street parking and access to communal gardens.
Newmarket offers a varied range of local shops and amenities, these include the National Horse Racing Museum, primary and secondary schools, a twice-weekly open air market, hotels, restaurants, public houses and modern leisure and gym facilities. Excellent transport links to the A14/A11 for easy access to both Cambridge and Bury St. Edmunds. There is a regular railway service to London's Kings Cross and Liverpool Street stations via Cambridge Station.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing 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 of [%%PERCENTAGE_COST_VALUE%%]% of the purchase price including VAT, subject to a minimum of £[%%MINIMUM_COST_VALUE%%] including VAT. This 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 complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
The Accommodation
Communal Hallway
Kitchen/Lounge 14' 7" x 10' 5" narrowing to 7' 2" ( 4.45m x 3.17m narrowing to 2.18m )
Bathroom
Three piece shower room suite comprising a corner shower cubicle, toilet and hand basin.
Bedroom 14' 7" x 7' 2" extending to 5' 2" ( 4.45m x 2.18m extending to 1.57m )
Outside
Unallocated communal parking and access to communal gardens.
This is a Leasehold property with details as follows; Term of Lease 120 years from 01 Jun 1983. Should you require further information please contact the branch. Please Note additional fees could be incurred for items such as Leasehold packs.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
