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Maberley Road, Bexhill On Sea, TN40

Guide Price £140,000 (Leasehold)

Date available: //

 Property ID : 133147

An opportunity to purchase this spacious three bedroom, first floor apartment ideally situated in a convenient location with access to local schools, shops and other local amenities. The accommodation comprises a spacious living room, modern fitted kitchen, three bedrooms, bathroom and separate cloakroom. Externally the property benefits from two off road parking spaces and communal gardens. Additional benefits include gas central heating and double glazing and is being sold with a long lease of 999 years and is Chain free. This property would make and ideal first home or alternatively would be great as a buy to let investment with a potential rental in the region of £850. Internal viewing is strongly recommended by sole agents. NO ONWARD CHAIN!!

The seller advises that the property is offered as leasehold and has approximately 999 years remaining on the lease. The ground rent is £35 per annum. The service charge is dealt with on an as and when required basis. The agent has not had sight of confirmation documents and therefore the buyer is advised to obtain verification from their solicitor or surveyor.

Details

**AUCTION NOTES**, Starting Bid and Reserve Price, *Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is powered by IAM Sold., Auctioneer's Comments, This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the buyer to exchange contracts immediately; however, from the date the draft contract for sale is received by the Buyer's solicitor, the buyer has 56 DAYS in which to complete the transaction; whilst using every endeavour to exchange contracts within the first 28 days. Allowing the additional time to exchange contracts means interested parties can proceed with traditional residential finance. Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of:, • A non-refundable Reservation Fee of 4.2% of the final agreed sale price including VAT - this is subject to a minimum of £6,000.00 including VAT - which reserves the property from sale by securing the transaction and takes the property off the market. The Reservation Fee is paid in addition to the final negotiated selling price., • A non-refundable Buyer Information Pack fee of £200.00 including VAT towards the preparation cost of the pack, if the Buyer Information Pack has been produced and provided by IAM Sold. The Documents in the pack can then be used by your solicitor during the conveyancing stage of the purchase. It is recommended that you view the Buyer Information Pack before agreeing to your purchase.

Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification for this must be sought from your legal representative. The buyer will be required to sign a Reservation Agreement to confirm acceptance of the terms prior to solicitors being instructed. A sample copy of the Reservation Agreement and all terms and conditions can be found in the Buyer Information Pack, which can be downloaded from the auction section of our website, or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by the West Midlands Property Auction powered by IAM Sold.,



Living Room

3.96m (13') x 3.61m (11'10)

Kitchen

3.23m (10'7) x 2.36m (7'9)



Bedroom One

3.63m (11'11) x 3.3m (10'10)

Bedroom Two

2.84m (9'4) x 2.39m (7'10)



Bedroom Three

2.82m (9'3) x 2.11m (6'11)

Bathroom

1.65m (5'5) x 1.47m (4'10)



WC

1.6m (5'3) x .74m (2'5)

Council Tax

Council Tax Band A-£1306 per year



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