2 bed Flat For Sale £145,000
**cash buyers only** For sale by Modern Method of Auction Starting Bid Price GBP140,000, plus Reservation Fee.
Forming part of this popular development located on York Place, is this 2 bedroom, 2 bathroom, contemporary apartment.
The spacious open plan living area occupies a second floor position, with floor to ceiling patio doors, offering views over the back of York Place.
The recessed kitchen has red gloss cupboard doors, with granite effect tops and integrated appliances.
Off the hallway are 2 double bedrooms, one with en suite, a family bathroom and a large storage cupboard.
Currently rented on a rolling basis @ GBP825pcm.
The Vendor informs us that the following charges for 2021 apply:
Ground Rent GBP550pa / Service Charge GBP3,360.90pa / Buildings Insurance GBP1,019.75 (All paid for 2021, less 5 months service charge)
The service charge in 2020 was GBP1,321.90pa and the Buildings Insurance was GBP880.65.
Lease Term 99 years from 2007.
EWS1 The development needs various upgrades, before a certificate can be produced the current owners are funding these works.
The development
17 22 York Place is a mixed use development, mainly made up of 2 bedroom apartments, with a handful of 1's and studios also being available. The majority are accessed via the central courtyard, and some have an allocated parking space.
York Place is a quite one way street, which runs parallel to Wellington Street and Park Place. There are a variety of local bars and restaurants to sample, as well as the beautiful Park Square to explore.
Lounge / dining room
The spacious open plan lounge / diner occupies a south facing position, and has large floor to ceiling patio doors leading to a glazed Juliet balcony, which flood the room with light
kitchen / diner
The kitchen has a range of red high gloss cupboards, with complementary matching worktops. There are a range of built in appliances, including fridge freezer, stainless steel oven and hob.
Bedroom 1
The main bedroom is a great size, with plenty of space for any required bedroom furniture. It also has the added benefit of a fully tiled en suite shower room.
Bedroom 2
The second bedroom by city standards is again a good double, idea for guests or sharers alike. Its outlook is over the internal courtyard, where residents can relax during warm sunny days.
Bathroom
The house bathroom is mainly tiled, with a 3 piece white suite, incorporating a thermostatically controlled shower over bath, large wall mirror and heated towel rail.
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.
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 GBP6,000.00 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 GBP300 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.
Forming part of this popular development located on York Place, is this 2 bedroom, 2 bathroom, contemporary apartment.
The spacious open plan living area occupies a second floor position, with floor to ceiling patio doors, offering views over the back of York Place.
The recessed kitchen has red gloss cupboard doors, with granite effect tops and integrated appliances.
Off the hallway are 2 double bedrooms, one with en suite, a family bathroom and a large storage cupboard.
Currently rented on a rolling basis @ GBP825pcm.
The Vendor informs us that the following charges for 2021 apply:
Ground Rent GBP550pa / Service Charge GBP3,360.90pa / Buildings Insurance GBP1,019.75 (All paid for 2021, less 5 months service charge)
The service charge in 2020 was GBP1,321.90pa and the Buildings Insurance was GBP880.65.
Lease Term 99 years from 2007.
EWS1 The development needs various upgrades, before a certificate can be produced the current owners are funding these works.
The development
17 22 York Place is a mixed use development, mainly made up of 2 bedroom apartments, with a handful of 1's and studios also being available. The majority are accessed via the central courtyard, and some have an allocated parking space.
York Place is a quite one way street, which runs parallel to Wellington Street and Park Place. There are a variety of local bars and restaurants to sample, as well as the beautiful Park Square to explore.
Lounge / dining room
The spacious open plan lounge / diner occupies a south facing position, and has large floor to ceiling patio doors leading to a glazed Juliet balcony, which flood the room with light
kitchen / diner
The kitchen has a range of red high gloss cupboards, with complementary matching worktops. There are a range of built in appliances, including fridge freezer, stainless steel oven and hob.
Bedroom 1
The main bedroom is a great size, with plenty of space for any required bedroom furniture. It also has the added benefit of a fully tiled en suite shower room.
Bedroom 2
The second bedroom by city standards is again a good double, idea for guests or sharers alike. Its outlook is over the internal courtyard, where residents can relax during warm sunny days.
Bathroom
The house bathroom is mainly tiled, with a 3 piece white suite, incorporating a thermostatically controlled shower over bath, large wall mirror and heated towel rail.
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.
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 GBP6,000.00 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 GBP300 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.
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