1 bed Flat For Sale £55,000
Cathedral Court is located on the top end of London Road in Gloucester City and is well serviced by a number of busses which interlink Cheltenham and Gloucester. The Railway and Bus Station are only 0.6-miles away also. Another reason why London Road is popular is because its proximity to local shops such as Tesco and Londis.
Cathedral Court over 60s complex was constructed by McCarthy & Stone and built over four floors. The complex benefits from; communal room and kitchen, laundry room, communal gardens, lift access, guest rooms with en-suite which are £20 for one person and £25 for two and an onsite development manager.
On entering the property you have the shower room on your right hand side which comes out into a bright hallway. This leads around into the bedroom which benefits from double mirrored, built in wardrobes. Towards the end of the property is the dual aspect living room with three windows letting light in and giving great views over Hillfield Gardens and St. Magdalen’s Chapel.
The owners have stated the management fees which apply are as follows;
Lease - 111 years remaining
Ground rent - £295 per annum
Management charge - £2,627.24 per annum
Council Tax Band - A
The property is vacant and has no onward chain.
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.
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. 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 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.
Cathedral Court over 60s complex was constructed by McCarthy & Stone and built over four floors. The complex benefits from; communal room and kitchen, laundry room, communal gardens, lift access, guest rooms with en-suite which are £20 for one person and £25 for two and an onsite development manager.
On entering the property you have the shower room on your right hand side which comes out into a bright hallway. This leads around into the bedroom which benefits from double mirrored, built in wardrobes. Towards the end of the property is the dual aspect living room with three windows letting light in and giving great views over Hillfield Gardens and St. Magdalen’s Chapel.
The owners have stated the management fees which apply are as follows;
Lease - 111 years remaining
Ground rent - £295 per annum
Management charge - £2,627.24 per annum
Council Tax Band - A
The property is vacant and has no onward chain.
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.
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. 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 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.
