1 bed Flat For Sale, The Street, Ashtead KT21

Description

1 Bedroom First Floor Maisonette and Garage, 22A The Street, Ashtead, KT21 2AH

Overview
Hammer Price Homes are delighted to present for sale by online auction this 1 bedroom first floor maisonette with garage and outdoor space in Ashtead.

Please be advised that whilst the property has a short lease, the vendor also owns the freehold for the whole building. Both the short lease and the freehold are included in the sale and the buyer will be responsible for extending their lease post completion if they wish to do so (assumed free of charge as the buyer will also own the freehold). Please see the other information section for further details.

The property, which is accessed via a private side entrance, briefly comprises: To the first floor there is living room, kitchen, bedroom and bathroom.
Outside there is a garage and a small parcel or garden to the rear, please see the leasehold title plan for more information.

Due to the tenure and general condition, we feel that it will be difficult to attain a standard residential mortgage on the property and for this reason open this auction for cash buyers only.

The property is sold as seen and is open for cash buyers only. There will be no grounds to withdraw from the sale with a return of the reservation fee citing issues around the condition of the property, difficulties securing lending on the property or for reasons around the leasehold / freehold.

To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing.

Location
The property is well placed within walking distance of the amenities on offer in Ashtead village centre, including eateries, supermarkets, post office and a pharmacy. Both Leatherhead and Epsom town centre can be reached in less than 15 from here by car and offer easy access to a broader range of shopping and leisure facilities. The property is just a 2 miles away from Leatherhead train station which offers direct services to London Victoria and London Waterloo, both of which can be reached in around 45 minutes.

Special Conditions
This auction is open for cash buyers, there will be no grounds to withdraw from the sale with a return of the reservation fee citing issues around the condition of the property, difficulties securing lending on the property or for reasons around the leasehold / freehold.

Other Information
Tenure – Freehold and Short lease with 46 years remaining (99 years from 25th December 1969)

The freehold and leasehold are included in the sale. The buyer will be responsible for extending the lease post completion (assumed free of charge as the buyer will own the freehold) if they wish to do, please seek legal advice in regards to the logistics and legalities of extending your own lease if you own the freehold if you are not familiar with this.

Downloads – There are a number of land registry documents available for download from the Hammer Price Homes website that interested parties should read prior to bidding. These include the following:

• Freehold land registry title documentation and title plan for the building (included in the sale)
• Leasehold land registry title documentation, title plan and lease for number 22a (Included in the sale)
• Land registry documentation, title plan and lease documentation for the ground floor flat (flat 22). You will notice that this flat extended their lease in 2017 and as such there is a new lease at this date. The flat pays a peppercorn ground rent.

Auction Details
** Open for cash buyers only. 90 days to complete**

Please note that there is a Reservation fee (3% Inc. VAT subject to a minimum of £3,000 Inc. VAT) payable by the buyer on winning the auction. The reservation fee does not constitute part of the sale price, this is the auctioneer's fee and is to be paid over & above the sale price paid to the Vendor.

Auction ends – Thursday 22nd September 2022 at 1pm (Subject to anti-sniping)

Bidding Window Opens – Tuesday 20th September 2022 at 10am (Bidding will not be possible until this time)

Starting price - £160,000 (Reserve price is higher & unpublished, typically the starting price will be 15 – 20% below the Reserve figure as per our Buyer Terms)

Viewings

To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing. Bidding is only permitted for those who have viewed. Viewers must to stick to their time precisely.

Property Details
Approx. Gross internal floor area – 553 sq ft / 51.36SQM (Excludes garage)

First Floor
Entrance stairs and landing leading to these rooms:
Living Room - 13'11 x 12'2 (4.25m x 3.71m)
Kitchen – 10'6 x 9'10 (3.19m x 3.00m)
Bedroom – 13'9 x 11'8 (4.20m x 3.56m)
Bathroom – Measurements not taken

Parking
Garage

How to make an offer
Offers can only be made via the online auction in the form of a bid once the bidding window has opened. No offers will be accepted outside of the auction process.
Once a sale has been agreed (STC) and a price agreed then no further price negotiation will take place. This sale price is fixed at the winning auction price and the buyer honoured to pay it. Any subsequent attempt by the buyer to contact the vendor direct to renegotiate on price would hold the buyer in breach of our terms. Should the buyer withdraw then they may have to forfeit the reservation fee. Please read the buyer terms and faq’s on the site for more details.

This is a probate property and is sold as seen. The administrator / solicitor have never lived at the property so may not be able to answer the usual pre-contract questions.

Follow the link for more information:

        
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1 bed Flat For Sale £160,000 The Street, Ashtead KT21

1 bed Flat For Sale £160,000
The Street, Ashtead KT21