1 bed Flat For Sale £120,000
A long term investment opportunity to acquire this one bedroom first floor flat situated within the extremely sought after coastal town of Marazion with the famous St Michael's Mount in view and many local amenities close by.
Ground floor: Access from the rear of the property via external steps.
First floor: Entrance hall, bedroom, bathroom and open plan kitchen/living/dining room.
Outside: Communal entrance area and bin store.
Tenancy: The property is let under a Protected Tenancy Agreement at a current rental of £489.66 per calendar month. Further information will be available in the legal documentation which can be downloaded from the Clive Emson website.
Tenure: The property will be sold with a new 999 year lease with a share of the freehold to be passed on when the last property has been sold. Further details will be available in the legal documentation.
Auction fees: Upon a bid being accepted the purchaser will need to pay a £5,000 holding deposit which will come out of the purchase price. There is also an administrative fee to pay. This is tiered dependant on the sale price and is as follows; if the sale price is up to £19,999 the administration fee is £400, if the sale price is between £20,000 to £49,999 then the administration fee is £600, if the sale price is between £50,000 to £99,999 then the administration fee is £900, if the sale price is £100,000 to £299,999 then the administration fee is £1,200 and if the sale price is £300,000 or above then the administration fee is £1,500. For info the administration fee is inclusive of Vat. There may be additional costs levied on the buyer by the seller and these will be disclosed in the Special Conditions of Sale. We haven't received these from the solicitor yet so cannot be any more specific at this stage, any enquiries regarding the fees should be directed to the auctioneers, Clive Emson on
Ground floor: Access from the rear of the property via external steps.
First floor: Entrance hall, bedroom, bathroom and open plan kitchen/living/dining room.
Outside: Communal entrance area and bin store.
Tenancy: The property is let under a Protected Tenancy Agreement at a current rental of £489.66 per calendar month. Further information will be available in the legal documentation which can be downloaded from the Clive Emson website.
Tenure: The property will be sold with a new 999 year lease with a share of the freehold to be passed on when the last property has been sold. Further details will be available in the legal documentation.
Auction fees: Upon a bid being accepted the purchaser will need to pay a £5,000 holding deposit which will come out of the purchase price. There is also an administrative fee to pay. This is tiered dependant on the sale price and is as follows; if the sale price is up to £19,999 the administration fee is £400, if the sale price is between £20,000 to £49,999 then the administration fee is £600, if the sale price is between £50,000 to £99,999 then the administration fee is £900, if the sale price is £100,000 to £299,999 then the administration fee is £1,200 and if the sale price is £300,000 or above then the administration fee is £1,500. For info the administration fee is inclusive of Vat. There may be additional costs levied on the buyer by the seller and these will be disclosed in the Special Conditions of Sale. We haven't received these from the solicitor yet so cannot be any more specific at this stage, any enquiries regarding the fees should be directed to the auctioneers, Clive Emson on
