Studio Flat For Sale, Flat 16 Theatre Court, Derngate, Northampton, Northamptonshire NN1

Description

For sale by auction on Wednesday, 23 Nov 2022 at 11:00

Venue: Online via live stream

A fantastic opportunity to purchase a fabulous one bedroomed penthouse apartment situated in the heart of Northampton town centre.

This spacious one bedroomed apartment presents an internal floor area to approximately 750 square feet comprising entrance hall, master bedroom, bathroom, open plan kitchen/lounge & diner. The property benefits from a feature south facing balcony with the building also containing a lift. The property is currently let at £850 per calendar month.

Accommodation
Communal entrance hall, entrance hall, bathroom, master bedroom, lounge/kitchen/diner and balcony.

Terms Of The Lease
The property is offered with the benefit of a 125 year lease commencing 1st October 2004.

Ground Rent = £200.00 pa
Buildings Insurance £300.00 pa
Service Charge = £1,000.00 pa

Cleaning of windows is also a service not included in the Leasehold. Please refer to the legal pack.

Agents Notes
Please note that every endeavour has been taken to ensure accuracy of any lease information but we advise any prospective purchaser to have this checked by their own legal representative.

Flat 16 is of non standard construction materials and as such may not be mortgageable through the main stream lenders at standard mortgage interest rates. Buyers interested in acquiring this property with mortgage funding are advised to fully investigate their ability to raise funds prior to incurring costs related to their purchase.

Viewings
By appointment only

Saturday 22nd October 2022
Please call EPC Rating: C

Additional Fees
Buyers Premium: The purchaser will be required to pay a buyers premium charge of £1,200 (£1,000 plus VAT).

Administration Charge - The purchaser will be required to pay an administration charge of £900 (£750 plus VAT).

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

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Studio Flat For Sale £130,000 Flat 16 Theatre Court, Derngate, Northampton, Northamptonshire NN1

Studio Flat For Sale £130,000
Flat 16 Theatre Court, Derngate, Northampton, Northamptonshire NN1