Magdalen Street, Colchester, CO1
£140,000
Guide price
Guide price
Bedrooms: 2
SUMMARY
A well located apartment, offered with no onward chain.
DESCRIPTION
NO ONWARD CHAIN
This ready to move into apartment is situated close to local amenities. Within walking distance is an array of local shops and businesses. Colchester's historic city centre is a short stroll away, offering a wealth of dining, leisure and retail facilities. Town train station, the bus station and the A12 corridor are within easy reach, making this ideal for the commuter.
We have other opportunities available on this development, please contact Connells for more information and to arrange your private viewing. Council Tax Band: B Tenure: Leasehold Current Annual Ground Rent (£): 150.00 Ground Rent Review Period (Years): Not currently available, please contact the branch Ground Rent Increase (%): Not currently available, please contact the branch Current Annual Service Charge (£): 1224.00 Date of Next Service Charge Review: Not currently available, please contact the branch Number of Years Left on Lease: Not currently available, please contact the branch
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing 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 of [%%PERCENTAGE_COST_VALUE%%]% of the purchase price including VAT, subject to a minimum of £[%%MINIMUM_COST_VALUE%%] including VAT. This 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 complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
This is a Leasehold property with details as follows; Term of Lease 125 years from 01 Jan 2003. Should you require further information please contact the branch. Please Note additional fees could be incurred for items such as Leasehold packs.
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
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.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
A well located apartment, offered with no onward chain.
DESCRIPTION
NO ONWARD CHAIN
This ready to move into apartment is situated close to local amenities. Within walking distance is an array of local shops and businesses. Colchester's historic city centre is a short stroll away, offering a wealth of dining, leisure and retail facilities. Town train station, the bus station and the A12 corridor are within easy reach, making this ideal for the commuter.
We have other opportunities available on this development, please contact Connells for more information and to arrange your private viewing. Council Tax Band: B Tenure: Leasehold Current Annual Ground Rent (£): 150.00 Ground Rent Review Period (Years): Not currently available, please contact the branch Ground Rent Increase (%): Not currently available, please contact the branch Current Annual Service Charge (£): 1224.00 Date of Next Service Charge Review: Not currently available, please contact the branch Number of Years Left on Lease: Not currently available, please contact the branch
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing 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 of [%%PERCENTAGE_COST_VALUE%%]% of the purchase price including VAT, subject to a minimum of £[%%MINIMUM_COST_VALUE%%] including VAT. This 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 complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
This is a Leasehold property with details as follows; Term of Lease 125 years from 01 Jan 2003. Should you require further information please contact the branch. Please Note additional fees could be incurred for items such as Leasehold packs.
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
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.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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