1 bedroom cottage

For sale by Modern Method of Auction; Starting Bid Price £105,000 plus Reservation Fee.

Charming One Bedroom Cottage in Ramsgate Town Centre.

Miles and Barr are delighted to show this unique one bedroom cottage within walking distance to the sea. The home comprises of a small porch, Living room, kitchen and Lean-too conservatory on the ground floor.

Upstairs there is a large bathroom and spacious double bedroom.

Externally there is a private sunny garden with side access and a concrete storage shed. 

This property is for sale by “Regional Auction name powered by iamsold Ltd” or “iamsold Ltd” 

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. 

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 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 £300.00 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.

Identification Checks

Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr, they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity provided by Lifetime Legal. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, directly to Lifetime Legal, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Lounge (2.82m x 3.68m)

Kitchen (2.13m x 2.95m)

Bedroom (3.4m x 2.92m)

Bathroom (2.95m x 2.13m)