LEASEHOLD
13 COTON MANOR, BERWICK ROAD, SHREWSBURY. A spacious 1-bedroomed, third floor apartment with living room, kitchen, re-fitted bathroom and garage. Garage and communal gardens. The property is situated in this pleasant fringe of town location within easy reach of excellent amenities, river walks and the nearby Town Centre.
DESCRIPTION
A spacious 1-bedroomed, third floor apartment with living room, kitchen, re-fitted bathroom and garage. Garage and communal gardens.
SITUATION
The property is situated in this pleasant fringe of town location within easy reach of excellent amenities, river walks and the nearby Town Centre.
HOW TO GET THERE
The property is best approached out of Shrewsbury along Smithfield Road, proceed up Coton Hill turning left into Berwick Road for a short distance where Coton Manor will be found on the left hand side.
ACCOMMODATION
Communal entrance with stairs and lift rising to the third floor with private entrance door to :-
LIVING ROOM 19'6" (5.94m) x 12'6" (3.81m)
with 2 double glazed windows, nigh storage heater and fully carpeted
KITCHEN 11'6" (3.51m) x 6'11" (2.11m) with inset single drainer sink unit , adjoining working surface, washing machine, range of fitted base units and matching eye level wall cabinets, PVCu double glazed window. Built in cupboard. Vinyl flooring.
BEDROOM 15'5" (4.70m) x 9'10" (3.00m) with PVCu double glazed window, night storage heater.
Door from living room gives access to INNER HALLWAY
BATHROOM attractively refitted with a white suite comprising panelled bath with shower screen and electric shower, pedestal wash hand basin, wc low type flush, attractively tiled walls and vinyl flooring
OUTSIDE
There is allocated parking outside
Communal Gardens
Property ownership information
Ground rent review period: No review period
Ground rent: £40-£44 per year
Service charge review period: Every 1 year
Service charge: £1,300-£1,500 per 6 months
Lease term: 125 years from 15 March 1984 which may affect your ability to purchase with mortgage or lending.
Material information:
The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.
CURRENT 66/77 POTENTIAL
This Property is subject to an undisclosed Reserve Price which in general will not be 10% more than the Opening Bid. The Reserve Price and Opening Bid can be subject to change. The Online Auction terms and conditions apply.
This property is offered for sale via Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to exchange and complete the transaction from the date the Draft Contract is issued by the sellers solicitor.
By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative.
The buyer will be required to give the Auctioneer authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auctioneer.
If the vendor accepts an offer, the buyer will be required to make payment of a non-refundable reservation fee of £6,600 including VAT and a legal pack charge of £396 including VAT. This reserves the property for the buyer during the Reservation Period. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.
The Buyer's Premium is in addition to the final selling price and is considered within calculations for Stamp Duty Land Tax.
All buyers will be required to verify their identity and provide proof of how the purchase will be funded.
If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay the fee specified above towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.