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2 bed Flat For Sale £225,000
Priory Road, Abbotskerswell, Newton Abbot


Description
A beautifully refurbished first floor apartment with period features and stunning views set in the prestigious retirement development The Priory.

Description
Entrance is via the main door into The Priory, lift and stairs access to own front door. The hallway is a long reception hall with high ceiling, glazed skylight creating natural light and storage heater. The sitting room retains a wealth of period features including an original marble fireplace and surround, picture rails, ornate cornicing, high ceilings and floor to ceiling double glazed French door to a private balcony with magnificent views of the open countryside. There is a brand new kitchen comprising of a range of cream wall and base level units with integrated Neff electric fan oven/microwave with extractor hood, 4-ring induction hood and space for fridge/freezer. The rear aspect window has delightful views over the Priory clock tower, stunning finials, Gothic windows and buttresses found among the rooftops of the original building. Bedroom 1 has a range of built-in wardrobes and cupboards, original picture rail and ornate ceiling coving, door to En Suite Bathroom which has been newly refitted . Bedroom 2 is rear aspect with built-in wardrobes. There is also a Shower Room.

Situation
The Priory is set within 5 acres of communal gardens and grounds and features 43 cottages and apartments, centred around a magnificent listed Victorian Priory, which houses extensive leisure and social facilities. Purchasing a property at the Priory is akin to buying a slice of English Heritage, as the main Abbotsleigh house dates back to 1848 and features remarkable design and architecture.

Agents Note
There is a requirement that residents at The Priory be over 60 years of age. The property is lease term for 125 years with a Ground Rent of £275. Service charges amount to £7,815.30 per annum, plus £20 per calendar month for contingency fund.

Auctioneer Comments
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.


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