Two-bedroom retirement flat

For sale by online auction. Pre-auction offers considered. Guide price - £70,000 - £80,000. This is a two-bedroom retirement flat on the second floor of a development for over-55s. The accommodation includes an entrance hall with storage, a living/dining room, a fitted kitchen, two bedrooms, and a modern shower room. The flat benefits from night storage heating and lift access. Residents have use of a communal lounge, a shared laundry room, and communal gardens. Parking for residents is available by arrangement, with additional visitor parking. A House Manager is on duty Tuesday to Thursday, and a 24-hour emergency Careline system is installed. The development is located close to local shops and amenities. Lease: Approximately 92 Years Remaining. Ground Rent: £580 per annum. Service Charge: £3,996 per annum. Viewing is highly recommended. This property is for sale via Online Auction. The winning bidder, assuming the reserve is met, is granted exclusivity of the property at the winning bid price for 28 days in which they must exchange, or the vendor reserves the right to remarket the property, and the reservation fee will not be returned, they will then have a further 28 days to complete. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3.6% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £5940 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives. We strongly recommend that you review the legal documents prior to bidding and seek legal advice. PLEASE REMEMBER THAT THE RESERVATION FEES ARE PAYABLE IN ADDITION TO THE SALE PRICE. Properties may be sold prior to public auction if an offer is accepted by the vendors. Guide price - This is an indication of the seller’s minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction. Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above the guide price.