2 Bed Flat For Sale

Two bedroom ground floor apartment near to Ventnor beach and esplanade. Excellent portfolio property with tenants in situ.



Guide Price £60,000 to £80,000 * Buyers Premium Applies



For sale by unconditional online auction.



To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk



Town & Country Property Auctions are delighted to offer For Sale by Public Auction this two bedroom ground floor flat in the popular coastal town of Ventnor. The accommodation comprises, entrance hall, open-plan lounge kitchen, two bedrooms, bathroom. Outside there is a communal garden area. Offered with vacant tenants in situ we recommend an early viewing to avoid disappointment.



The property will be entered into our 10th December auction which is held online and starts at 10am. You must register to bid and download the legal pack.



PROPERTY FEATURES

. Ground Floor Apartment

. Two Bedrooms

. One Reception Room

. Council Tax Band: B

. Market Value: £125,000

. Rental Value Per Month: £595

. 56 Day Completion



ADDITIONAL INFORMATION

. Leasehold

. Length of lease remaining: 104

. Annual ground rent: Peppercorn

. Annual service charge: £783.48



TENANCY INFORMATION

. Tenancy Term: Rolling

. Rental Amount Per Month: £515

. Tenancy Start Date: 23/03/2018 now on a periodic tenancy

. Tenancy Type: AST

. Are the Tenants in Arrears: No



VIEWING ARRANGEMENTS

We will be holding viewing slots, please call us on .

The property is available for viewing immediately. Please contact Town & Country Property Auctions for more information and to register for the auction. The auction will be held online, and registration is now open.







UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a £5,000 or 5% deposit and a 3%+VAT (subject to a minimum of £6,500+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 56 days following the auction (unless otherwise stated).



Pre Auction Offers Are Considered

The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.



Special Conditions

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.