5 Orwell Terrace
Ref: Lot 9
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Unconditional (Buyer's Premium)
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a deposit and a 2%+VAT (subject to a minimum of £6,500+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Flat 2, 5 Orwell Terrace, Dovercourt, Essex, CO12 3LD
One Bedroom 1st Floor Flat with Sea Views and Balcony in Orwell Road, Essex, CO12 3LD - Share of Freehold
One Bedroom 1st Floor Flat with Sea Views and Balcony in Orwell Road, Essex, CO12 3LD - Share of Freehold
Description
Town & Country Property Auctions are delighted to offer for sale by public auction this rare one bedroom flat with balcony and sea views, situated on Orwell Road, Essex, CO12 3LD. The property is currently let for £420 per month on a rolling contract and is in need to updating. The property benefits from a spacious lounge/ diner with balcony off lounge area, double bedroom with fitted bathroom and fitted kitchen. The flat is offered with a share of the freehold and the maintenance is on an as and when basis. The property is available to view now and the client would entertain pre-auction offers. Please call Town & Country Property Auctions for more information.
The property will be entered into our 29th July 2022auction which is held online and starts at 10am. You must register to bid and download the legal pack.
PROPERTY FEATURES
. 1 Double Bedroom Apartment
. 1 Lounge/ Diner with Access to balcony with Sea Views
. Share of Freehold
. Pepper Corn Annual Ground Rent
. Annual service charge: £50 Per Month
. Council tax band: A
. Rental Value Per Month: £750 / 850+ when renovated
. 28 Day Completion
The property is available for viewing immediately. Please contact Town & Country Property Auctions for more information and to register for the auction. The auction will be held online, and registration is now open.
PRE-AUCTION OFFERS ARE CONSIDERED
The seller of this property would consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us on 01202 143399.
Buyers Premium
* Buyers Premium Applies
Council Tax Band
A
Annual Ground Rent
£0
Annual Service Charge
£300
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
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