Flat for sale

Overview

The PropertyWe are pleased to present this fantastic studio apartment with private allocated parking space.The property comprises of large lounge area with bay window facing Brighton Road and plenty of built in storage cupboards, bedroom area, separate new and fully fitted kitchen with integrated appliances, fully fitted modern bathroom and storage cupboard with space and plumbing for a washing machine.The studio apartment has central heating (installed in 2023) and double glazed windows.There are communal gardens at the back of the building and they are very well looked after.Ideally located for transport links to the city with Sutton Station being just under 10 minutes walking distance.Located in Sutton, it is just a short walk from Sutton High Street and all its amenities. Furthermore this residential area is highly sought after due to its proximity to excellent schools. Leasehold title: 88 Ground rent: £120.00 per year Service charge: £130.00 per monthLease info: 125 years from 1 June 1988Please note this property has a short lease under 99 years which may affect your ability to obtain a mortgage please seek advice on this or contact us for more information.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.Property DescriptionBeing Sold by GOTO Online AuctionStarting Bids from £170,000Buy it now option availablePlease call or visit Purplebricks Online Auctions for more information.This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been issued by the vendors solicitor. Allowing the additional time to exchange and complete on the property 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 with be required to put down a non-refundable reservation fee. The fee will be a fixed fee including the Vat, this secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department. Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.To book a viewing visit PurplebricksGeneral InformationThis property is for sale by 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 complete the transaction, from the date the Draft Contract is issued by the seller's solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be sorted.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 sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Info Pack which can be downloaded for free from our website or requested from our Auction Department.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 3.6% of the purchase price including VAT and a Legal Pack fee of £372 including VAT (this is subject to a minimum amount of £6,600 including VAT and a Legal Pack Fee of £372 including VAT). This secures the transaction and takes the property off the market.The Buyer's Premium and administration charge are in addition to the final negotiated selling price.Buyer's Administration ChargeIf the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay £372.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.Property ownership informationGround rent review period: No review periodService charge review period: No review periodLease end date: 30/05/2113Disclaimer for virtual viewingsSome or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.