1 Bed Flat For Sale

Fairmead Close, Lake

PO36 9HH

£130,000

Added 07 Jun 2023

Property Details

Property Type

Flat

Bedrooms

1

Location

PO36

Description

Fantastic opportunity to acquire this very spacious, first floor maisonette in a quiet residential area in Sandown. Benefiting from its own private entrance and a variety of unique features that are sure to be appreciated. Internally the accommodation consists of one large double bedroom, a full bathroom, open plan kitchen diner and a separate lounge to the front. (The flat could quite easily be arranged as a 2 bedroom flat given the current layout) The property does require modernisation and is currently fitted with electric heating and double glazing throughout.

On the ground floor is a very large garage with two further substantial storage rooms to the side, reaching the entire width of the maisonette and offering the new buyer the potential to utilise this space in any way they like.

This would make an ideal purchase for first time buyers and home movers, as well as investors or someone looking for ‘’double garage sized’’ storage space.

Fairmead Close is a peaceful residential retreat that is just a ten-minute walk away from local shops, bus routes, and trains. Locally you will also find great schools, restaurants and Sandown Beach, where you will find some great local amusements all year-around.

FREEHOLD

Auctioneer Comments

This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing 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 of 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This 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 complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc. VAT towards the preparation cost of the pack. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.


Location

Map showing PO36 9HH

Nearby Properties

Disclaimer: Property descriptions, images, and related information displayed on this page are aggregated from publicly available sources across the web and presented for informational purposes only. While we strive for accuracy, home.co.uk cannot guarantee that all details are current or complete. This information is provided as a guide only and should not replace professional property advice. We strongly recommend contacting Watson Bull & Porter directly to verify availability, arrange viewings, and obtain comprehensive property documentation.

Listed by

Watson Bull & Porter

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