A first floor two bedroom apartment with over 975 years lease reamining situated in central Witney boasting a spacious living area, large kitchen diner, modern bathroom and small patio area to the rear. To be sold using The Modern Method of Auction

THE PROPERTY:
Particularly suited to Investors and First -Time Buyers.

A first floor two-bedroom apartment situated in central Witney boasting a spacious sitting room, large kitchen diner, modern bathroom and small patio area to the rear.

Adjacent to the sitting room is a separate, well-proportioned kitchen dining room with gas hob, electric oven and space for the usual appliances.
The two bedrooms both comfortably fit a double bed and the master bedroom also benefits from a range of built-in cupboards.

The modern replacement bathroom comprises a panel bath with shower over and vanity sink unit.
Externally there is a useful covered alley for loading and a small patio area to the rear of the property.

As one would expect for such a centrally position apartment there is no allocated parking however a resident’s permit is available for on street parking.

Tenure: Leasehold with the benefit of the remainder of a 999 year lease granted 15 November 2002.

There is no annual service charge or ground rent.
West Oxford District Council (Tax Band C).

This property is for sale by Modern Method of Auction powered by iamsold LTD - Starting Bid £155,000 plus Reservation Fee

Auctioneer 's Comments:

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the
Auctioneer, iamsold Limited

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification
verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you

SITUATION:

The apartment is situated within walking distance of the open space and playground at Wood Green (0.2 mile) and the town centre (0.4 mile).
Witney is the largest Oxfordshire Cotswolds town with a long history (appearing as 'Witenie' in the Domesday Book 1086 entry) and is now a bustling town supporting two colourful markets a week. Its location on the banks of the River Windrush led to the manufacture of high quality blankets known the world over until the last mill was closed in 2002. (The local football club was known as "The blanketmen"). Much of the town's fine architecture reflects the wealth of the woollen trade in its heyday. The rich variety of shops, street cafes, and excellent sporting facilities coupled with higher order services that include a hospital greatly add to the quality of life.
A mainline rail service to Oxford and London Paddington is available from Long Hanborough about 5.5 miles away with journey times of 9 and 70 minutes respectively.