1 bedroom flat for sale

ACCOMMODATION FOR SALE BY MODERN METHOD OF AUCTION - Set in the heart of Market Drayton, with shops, cafes and the High Street all within walking distance, this One-Bedroom Maisonette is a great First Time Buy or Rental Investment.

To the ground floor is the private Entrance Hall with a further door that opens to the turning staircase up to the first floor Landing. The property is full of character with original beams throughout, and to the first floor is the Double Bedroom with a window overlooking Stafford Street, and a spacious Bathroom with airing cupboard. Further stairs lead up to the second floor Landing which has a skylight and eaves storage. Off the Landing is the Living Room with window and skylight and the Kitchen with sink unit, cooker point and skylight. Due to the eaves there's partly restricted headroom to all the rooms on the second floor.

The property has a potential Letting Income of £475-£500 pcm (approx. 6% yield).

Being in such a prime location, this property is going to be popular - so call our Market Drayton office to arrange a viewing. 

LOCATION Market Drayton is a busy market town with a weekly Wednesday street market whose charter dates back to 1245. The town has the Grove School with Sixth Form, Indoor Swimming Pool, Doctors' Clinic, Dentists and a range of Cafes, Shops, Supermarkets and Sports Clubs.

A wider range of shops and facilities can be found in via the A53 to Shrewsbury and Newcastle-under-Lyme, and the A41 links to Newport and Whitchurch. The nearest mainline train stations are at Crewe and Stoke-on-Trent, and the M6 is approximately a 30 minutes' drive.
 

ENTRANCE HALL 3' 0" x 12' 9" (0.91m x 3.89m)  

FIRST FLOOR LANDING  

BEDROOM 14' 6" x 12' 2" (4.42m x 3.71m)  

BATHROOM 11' 5" x 8' 4" (3.48m x 2.54m)  

SECOND FLOOR LANDING  

LIVING ROOM 14' 6" x 12' 3" (4.42m x 3.73m)  

KITCHEN 6' 11" x 8' 4" (2.11m x 2.54m)  

EXTERNALLY There is short-stay 30 minute on-road parking in front of the property for unloading, with Asda being less than 100 yards away (parking restrictions may apply) and the main town car park is a ten minute walk away. The Market Drayton Town Bus service stops within 100 yards and the main town bus station is also a ten minute walk. 

TO VIEW THIS PROPERTY By arrangement with the Agents Office at Tower House, Maer Lane, Market Drayton, TF9 3SH
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DIRECTIONS From our office on Maer Lane, turn right and then right again on Smithfield Road. Straight over the next two mini roundabouts and then bear right on Stafford Street. Park on the Asda Car Park and then continue walking along Stafford Street for approximately 100 yards and the property is on your left and can be identified by our For Sale sign. 

SERVICES We are advised that mains electricity, water and drainage are available with electric heaters. Barbers have not tested any apparatus, equipment, fittings etc or services to this property, so cannot confirm that they are in working order or fit for purpose. A buyer is recommended to obtain confirmation from their Surveyor or Solicitor. 

LOCAL AUTHORITY Shropshire Council, Shirehall, Shrewsbury, SY2 6ND. [use Contact Agent Button] 

FLOOR PLAN To follow. Not to Scale 

COUNCIL TAX BAND - A  

EPC RATING - E  

TENURE We are advised that the property 22a is Freehold and there is then a shared Leasehold with the first floor property that has 983 years of a 999 term to run, and that there is a shared insurance policy to cover this. This will be confirmed by the Vendors Solicitor during the Pre- Contract Enquiries. Vacant possession upon completion. 

METHOD OF SALE This property is for sale by the Modern Method of Auction. Should you view, offer or bid, 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 buyer's 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.  

BARBERS COPYRIGHT Unless we agree otherwise with you in writing, we hold the copyright on all photographic and video marketing material used to market this property and these should not be reproduced by any third party without our express consent. Furthermore, we reserve the right to use these for marketing initiatives in order to promote the property or the Company. We may use various options for marketing including all social media and mailing campaigns, all designed to help with the sale/rental of your property. 

PROPERTY INFORMATION We believe this information to be accurate, but it cannot be guaranteed. The fixtures, fittings, appliances and mains services have not been tested. If there is any point which is of particular importance please obtain professional confirmation. All measurements quoted are approximate. These particulars do not constitute a contract or part of a contract. 

AML REGULATIONS To ensure compliance with the latest Anti Money Laundering Regulations all intending purchasers must produce identification documents prior to the issue of sale confirmation. To avoid delays in the buying process please provide the required documents as soon as possible. We may use an online service provider to also confirm your identity. A list of acceptable ID documents is available upon request. 

RESIDENTIAL LETTINGS SERVICE Barbers are a long-established firm in the field of Residential Lettings and Property Management. Our Award-Winning team have a wealth of experience and knowledge, and we have a dedicated Property Management team responsible for managing over 800 properties in the local area. If you are interested in buying this or any other property as an investment, please contact us for more information on the services we can offer. 

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