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2 bed Flat For Sale £181,850
Eden Place, Newlyn, Penzance, Cornwall TR18


Description
This property is for sale by conditional online auction, powered by Bamboo Auctions! Within yards of Newlyn Harbour is this hidden gem in a highly sought after area. This property offers two bedrooms, open plan living room/kitchen area and shower room. This is a must see for any investment buyer looking for a character home with a tenant in situe.

Full Description Within yards of Newlyn Harbour is this hidden gem in a highly sought after area. This property offers two bedrooms, open plan living room/kitchen area and shower room. This is a must see for any serious investment buyer looking for a character home with a tenant in situe. Lease will be created by the solicitor upon a sale being agreed.

Online Auction Online auction scheduled to end on Thursday 15th September 2022. This property is being sold by conditional online auction and a non-refundable reservation fee of £5000 or 3.5% + VAT applies, whichever is the greater (in addition to the purchase price). If you are the successful bidder, you will be charged the amount of £5,000 + VAT (£6,000) or 3.5% +VAT, whichever is the greater, which will be processed online, immediately at the end of the auction, only if you are the successful bidder. You will then have 20 working days within which to exchange contracts, and a further 28 days to complete the purchase. Terms and conditions apply to the modern auction method of sale, which is operated by Bradleys Property Auctions. These details are subject to change up to and including the day of the auction. Please check our website regularly at: And look out for any additional materials available on the day of the auction, in order to stay fully informed with the up to date information.

Definition Of A Guide Price And A Reserve Price

Guide Price

An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price

The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. Bids may be accepted by the system but the property will not sell if the bidding does not reach the reserve. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Important Information Important Information:
To be sold with a tenant in situe.
Leasehold: 999 year will be created upon a sale being agreed.
Services: Mains electricity, water, gas and drainage.
Local Authority: Cornwall Council
Council tax band - A.

Follow the link for more information:
        
zoopla.co.uk

  
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