This property is no longer on the market
1 bedroom retirement property
Key information
Property description & features
- Tenure: Leasehold
- ONLINE AUCTION 28th October 2021: 9am-5pm
- Lot D - 3 Parkfields, Butleigh
- Ground floor retirement apartment
- Exclusively for those who are 55yrs and over
- Ideal investment opportunity
- Currently let under ASHT agreement
- One of three available properties
- Walking distance of village shop and amenities
- Communal parking facilities
- SOUGHT AFTER VILLAGE location
DESCRIPTION
For Sale by Online Auction - 28th October 2021 - 9am to 4.30pm
Description
An ideal investment opportunity comprising a fully let one-bedroom retirement home situated within a popular courtyard setting and is exclusively for those who are 55yrs and over.
The property is situated in a central village location and within easy reach of the village amenities. A degree of modernisation is required to the internal accommodation; however, the property is in generally good order.
Accommodation comprises:
• Dual aspect lounge/diner
• Kitchen
• Double bedroom with en-suite
There is access to communal parking facilities and the property enjoys views towards Glastonbury Tor.
Currently let under an assured shorthold tenancy agreement. 12-month term commencing 26th April 2021. Rent passing of £550 per month.
Lots E and F – Guide: £90,000 to £100,000 per lot
Offered for sale within the same auction are two further residential properties located on the Parkfields development. Further information contained within separate sale particulars for Lots E and F. Please enquire for details.
Completion
Completion has been set for 25th November 2021 or earlier by arrangement.
Bidders Registration Fee
Cooper and Tanner requires all bidders who wish to bid at our Auction to Register beforehand. A fixed Bidders Registration Fee of £1,200 inc VAT per lot must be paid on registration. The fee is retained by Cooper and Tanner at the fall of the electronic gavel if a bidder is successful. The fee will be returned to all unsuccessful bidders. All checks required by current anti-money laundering legislation must be satisfactorily completed as part of the registration process before prior approval to bid will be granted, this will include providing proof of funds.
Please use the link to register to bid for this lot.
Please note the Bidders Registration Fee does not get deducted from either the deposit or completion monies.
Deposit
Successful bidders will be required to pay to the Cooper and Tanner Client Account the deposit of 10% of the purchase price within 24 hours at the fall of the electronic gavel. The account details will be provided to the successful bidder on conclusion of the auction. Once funds are cleared, they will be transferred on to the account of the solicitor acting for the seller. Please ensure that funds are in an account suitable to be able to make an Electronic Transfer from.
Solicitors
Bartlett Gooding & Weelen, Shepton Mallet
Telephone:[use Contact Agent Button]
Bill Bartlett acting.
Ref: GPT/9868
Local Council: Mendip District Council. Telephone:[use Contact Agent Button]
Council Tax Band: Band A.
Services: We understand mains water, electricity and drainage connected. Central heating via electric heaters. Potential purchasers are advised to make their own enquires and to satisfy themselves with regard to any services.
Tenure: Leasehold subject to an ASHT agreement.
Service Charge: £41 per month.
VAT: The purchase price is not subject to VAT
Viewing: Strictly via Cooper and Tanner, Glastonbury office (Option1) –[use Contact Agent Button].
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