1 bed Flat For Sale £110,000
An opportunity to purchase a one bedroom ground floor apartment. With its own private entrance and front garden, the property also enjoys glimpses towards to the estuary. Benefitting from gas central heating and double glazing this the perfect investment. This flat is currently subject to an AST. Due to mundic block construction suitable for cash buyers only.
The accommodation comprises entrance porch, living room with bay window to front aspect, well equipped kitchen with utility area, spacious double bedroom with ensuite shower area and separate wc. The property benefits from rear access into the shared passage.
Location The property enjoys far reaching estuary and countryside views and is within striking distance in of the range of amenities that West Looe offers, which includes a convenience store, delicatessen and the Jolly Sailor pub. The property is also conveniently located to walk into East Looe for further amenities and Looe Beach. Within Looe there is also good connection links with regular bus services and also Train Station which offers a connection service to London Paddington in approx 4 hours.
Required Information Tenure - Leasehold, 99years from 1982
Ground Rent - £20 per annum
Service Charge - 1/3 share, insurance also 1/3 share which the last due was £100 per property.
Council Tax Band - A. Cornwall Council.
The flat is currently subject to an AST but we understand the tenants are planning to vacate before the auction end.
This property is being sold by conditional online auction and a non-refundable reservation fee of 3.5% + VAT applies, (in addition to the purchase price). If you are the successful bidder, you will be charged the amount of 3.5% +VAT, 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.
Definition of Guide and 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.
The accommodation comprises entrance porch, living room with bay window to front aspect, well equipped kitchen with utility area, spacious double bedroom with ensuite shower area and separate wc. The property benefits from rear access into the shared passage.
Location The property enjoys far reaching estuary and countryside views and is within striking distance in of the range of amenities that West Looe offers, which includes a convenience store, delicatessen and the Jolly Sailor pub. The property is also conveniently located to walk into East Looe for further amenities and Looe Beach. Within Looe there is also good connection links with regular bus services and also Train Station which offers a connection service to London Paddington in approx 4 hours.
Required Information Tenure - Leasehold, 99years from 1982
Ground Rent - £20 per annum
Service Charge - 1/3 share, insurance also 1/3 share which the last due was £100 per property.
Council Tax Band - A. Cornwall Council.
The flat is currently subject to an AST but we understand the tenants are planning to vacate before the auction end.
This property is being sold by conditional online auction and a non-refundable reservation fee of 3.5% + VAT applies, (in addition to the purchase price). If you are the successful bidder, you will be charged the amount of 3.5% +VAT, 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.
Definition of Guide and 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.
