Studio for sale

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £55,000

This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.

G&T Properties Are Delighted To Offer This STYLISH & MODERN Second Floor Studio Apartment, Set Around The Picturesque Canal Basin At Merry Hill. Offering Contemporary Open-Plan Living With Integrated Appliances, Communal Gardens, And Parking For Two Vehicles - This Property Is Ideal For First-Time Buyers, Young Professionals, Or Investors.

This property briefly comprises of:
- IMPRESSIVE Second Floor Studio Apartment
- STYLISH Combined Sleeping, Living & Kitchen Area
- MODERN Kitchen With Integrated Appliances (Fridge/Freezer, Washing Machine, Oven & Hob)
- MODERN Bathroom With Shower Over Bath
- Delightful Communal Garden
- Parking For TWO Vehicles - A Rare Find In This Area
- Lift & Stair Access For Convenience
- Low Tariff Electric Heating & UPVC Double Glazing
- Approx 420 Sq Ft Of Modern Living Space
- Immediate 'exchange of contracts' available
- Being sold via 'Secure Sale'

Additional Features:
£100 Per Month Covers Utilities (Water & Electric)
Canal-Side Setting - Highly Desirable Location
Stylish & Low-Maintenance Home
Perfect For First-Time Buyers Or Investors

* DO YOU HAVE A PROPERTY TO SELL? *
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We will sell your home for a FIXED FEE of only £999!
Why Pay More For The Same Buyer???

1- Money Laundering Regulations - Intending Purchasers Will Be Asked To Produce Identification And Financial Documentation At Any Offer Acceptance Stage And Prior To The Property Being Marked SSTC.
2- These Particulars Do Not Constitute Part Or All Of An Offer Or Contract.
3- The Measurements Indicated Are Supplied For Guidance Only And As Such Must Be Considered Incorrect. Potential Buyers Are Advised To Recheck The Measurements Before Committing To Any Expense.
4- G&T Properties Has Not Tested Any Apparatus, Equipment, Fixtures, Fittings Or Services And It Is The Buyers Interests To Check The Working Condition Of Any Appliances.
5- G&T Properties Has Not Sought To Verify The Legal Title Of The Property And The Buyers Must Obtain Verification From Their Solicitor.

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

The advertised price is commonly referred to as a 'Starting Bid' or 'Guide Price' and is accompanied by a 'Reserve Price'. The 'Reserve Price' is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the 'Guide Price' / 'Starting Bid'.
These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Council Tax Band: A
Tenure: Leasehold (114 years)
Ground Rent: £250 per year
Service Charge: £1,700 per year
Parking options: Residents