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Area stats1 bedroom apartment for sale
Key information
Features and description
- Immediate ‘exchange of contracts’ available
- Being sold via ‘Secure Sale’
- Luxury Town Centre Apartment
- One DOUBLE Bedroom
- Luxury Kitchen and Bathroom
- Extremely Well Presented Throughout
- Dedicated Covered Parking
- Superb Panoramic Town Centre Views.
Situated in one of Newark's most iconic Grade II listed converted buildings, ‘The Ossington’ set in the Heart of Newark with panoramic town centre views, this second floor apartment is a short walk to both Newark train stations.
The wonderful apartment oozes with charm and character, with beautifully appointed accommodation comprising of: a secure communal entrance hallway with steps leading to the apartments entrance door, with accommodation consisting of: entrance hallway, spacious adaptable living space with vaulted ceiling, breakfast kitchen with quartz worktops and integrated appliances including fridge, freezer, washer dryer, dishwasher, two ovens, a microwave and an electric induction hob; a master bedroom with built in wardrobes and a further luxury Villeroy & Boch bathroom suite with Porcelanosa fully tiled walls and floor and underfloor heating.
The property hugely benefits from its desirable location and the views are breath taking, gas central heating, and covered car parking.
Lease Details
Management Company - Shoby Properties LTD -
Years Remaining on Lease - 125 years from 2001
Current Ground Rent £100 per annum set to increase to £200 in June 2026
Current Service Charge £934.73 per quarter
Current Buildings Insurance £560.20 per annum
The Ossington Building
The Ossington is an iconic Newark Landmark originally built in 1882, by Lady Ossington in memory of her late husband John Dennison MP, Standing close to the river Trent and overlooking Newark Castle; the building was designed to serve as a Coffee Palace for social gatherings, lectures, dances etc without the consumption of alcohol, all profits went to support Newark Hospital. Due to its popularity and success a second Ossington Coffee Palace was constructed in Marylebone, London.
ACCOMODATION - Rooms and Measurements
Entrance Hallway
1.45m x 1.07m (4'9'' x 3'6'')
Adaptable Open Plan Living Space
10.29m x 5.51m (33'9 x 18'1)
maximum measurements
Breakfast Kitchen
3.15m x 1.57m (10'4'' x 5'2'')
Master Bedroom
4.39m x 3.96m (14'5'' x 13'
Luxury Bathroom
3.30m x 1.68m (10'10'' x 5'6)
maximum measurements
Services
Mains gas, electricity, water and drainage are connected.
Newark
A traditional market town that benefits from its excellent location, situated just off the A1 and A46 between the cities of Nottingham and Lincoln and having 2 railway stations including Northgate Station which is on the east coast Main line offering commuters and shoppers easy access to London. The town is full of character with its bustling traditional cobbled market square and ruins of Newark castle that date back to 1123. Newark boasts a wealth of successful independent shops and boutiques, as well as a wide range of national chains. The town also offers an array of restaurants and cafes, a theatre and a multi-screen cinema. Newark is also a hub for antique enthusiasts, with its various antique shops and regular antique fairs held at the nearby Newark Showground.
Council Tax Band: A
Tenure: Leasehold
Length of Lease: 101
Annual Ground Rent Amount: £100.00
Annual Service Charge Amount: £934.00
Rooms
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law
Auctioneers Additional Comments
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. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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