LEASEHOLD
The Property
Purple bricks are delighted to bring to the market this sizeable TWO BEDROOM FIRST FLOOR APARTMENT IN THE HEART OF WATERLOOVILLE.
If you are looking for good size living space then this should tick your boxes. The Home comes with great sized rooms, the lounge being plenty big enough for a seating area along with space for a table and chairs. There are two good size double bedrooms and the kitchen offers more than enough space for those of you that enjoy cooking.
This home has been well maintained by the current owner so all you will have to do is move in and arrange your furniture!
There are many extras such as its own private entrance, a good size loft space, outside communal laundry drying area and its own garage.
The current owner recently extended the lease to 999 years and the service charge and ground rent are very low too.
This first floor flat is located in a quiet residential road but just a short walk from Waterlooville town centre, the retail park housing such essentials as M&S and the great amenities located along the London Road.
So if you are looking for your first home, downsizing or investing, this is an opportunity you don't want to miss!!
Book your viewing directly with Rightmove, Purplebricks.co.uk or if you need assistance please call our Central Team on
There is a £500 annual service charge (paid monthly) which includes ground rent, general outdoor maintenance and buildings insurance.
This is reviewed annually.
There is 992 years left on the lease.
Property ownership information
Tenure: Leasehold
Council tax band: C
Annual ground rent: No ground rent
Ground rent review period: Every 1 year
Annual service charge: £500.00
Service charge review period: No review period
Lease end date: 17/10/3104
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 £6,582 including VAT and a legal pack charge of £372 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.