01844 355023    

Flat 4 Fernbank, Christchurch Road, NEW MILTON, Hampshire, BH25 6QQ

  • Conditional Online Auction Sale

GOTO AUCTIONS ARE PLEASED TO OFFER FOR SALE BY AUCTIONS THIS CHARACTER ONE BEDROOM APARTMENT IN NEW MILTON.

Tenure

Leasehold

Description

This period property was very sympathetically converted many years ago. The result is a lovely, spacious first floor, one bedroom flat. The flat is accessed through a secure entry system on the main door which takes you into a large inner hallway and stairs to the first floor landing and the personal front door to the flat. Upon entering the inner hall you have access to the lounge, kitchen, bathroom and bedroom. It offers very spacious accommodation with a lovely open lounge and turret style feature area with windows on 3 sides. Outside is off road parking and a rear communal garden. Lounge The spacious and interesting shaped Lounge with its feature windows, has fabulous views over the adjoining fields and is a very bright room complimented by the high ceilings. Kitchen The fitted Kitchen has high and low level units, plumbing for a washing machine and a one and a half bowl sink. There is a window overlooking the grounds at the side of the property. Bathroom The Bathroom has a three piece suite with bath and shower over, basin and WC. It is part tiled for wet areas. Bedroom The Bedroom is spacious with room for wardrobes and has a window overlooking the communal garden at the rear of the property. Off Road Parking Off Road Parking is at the front of the property. Communal Gardens Communal Garden is at the rear of the property away from the main road and is laid to lawn with flower bed borders. Leasehold, 110 years remaining. Ground Rent £100 pa. Service Charge approximately £800 pa (£66.67 per month).

EPC Rating

current 47/62

Opening Bid and Reserve Price

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.

Comments

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 may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. 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.

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 Buyer's Premium of £4,400 including VAT, plus a buyer's administration charge of £354 including VAT, a total of £4,754. This secures the transaction and takes the property off the market. 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 and buyer's administration charge are in addition to the final negotiated selling price.

Buyer's Administration Charge

If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay £354.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.

Buyer Fees

There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:

  • You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
  • Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.

Energy Performance Certificate (EPCs)

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.

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Office Contact

Auction Concierge Specialist
01844 355023

Agreement Documents

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