Park Road, CROMER, NR270EA

This auction has ended!
   
Final Bid:
£135,000.00
  • Overview
  • Particulars
  • Agent Details
  • Fees & Charges Explained

Property Overview

Only by viewing can the true nature of this property be fully appreciated. Originally part of a large period house this lovely duplex apartment still retains many original features including sash windows and high ceilings. Currently set up as a one bedroom it could easily be used as two. Internal viewing is highly recommended to fully appreciate the accommodation on offer.

Starting Bid and Reserve Price

*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the auction, which is powered by IAM Sold.

Auctioneer's Comments

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers 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 Deposit of 4.2% of the purchase price, subject to a minimum of £6,000.00. The Reservation Deposit is used as part-payment towards the agreed purchase price.

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 £300.00 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.

Energy Performance Certificate (EPCs)

Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.

Property Particulars

Entrance door to:- Reception Hall 17' 7" x 5' 4" (5.36m x 1.63m) Quarry tiled floor, double radiator, coved ceiling, dado rail, stairs leading to the first floor, glazed door to the rear porch and glazed door to kitchen. Sitting Room 18' 2" x 13' 2" (5.54m x 4.01m) (into chimney recess) Side aspect sash windows, fireplace with hearth and wood burner, corniced ceiling, central ceiling rose, picture rail, double radiator and door opening to:- Living Room/Bedroom 18' 9" x 15' 0" (5.72m x 4.57m) (into bay and recesses) Front aspect sash bay window, pine stripped floor, fireplace with surround and hearth, two double radiators, shelving to recesses, television point, telephone point, wall light points, picture rail, corniced ceiling and ceiling rose. Kitchen/Breakfast Room 14' 7" x 10' 9" (4.44m x 3.28m) Fitted with a range of floor and wall mounted cupboards, drawer unit, wine rack, display shelving with work surfaces over, central breakfast bar, inset stainless steel sink and drainer with mixer tap, space and plumbing for washing machine, space and plumbing for dishwasher, integrated electric oven with four ring gas hob, fridge. Sash window overlooking patio area, glazed door opening to a larder/storage cupboard. First Floor Landing Side aspect window, wall mounted gas fired central heating boiler. Bedroom 1 17' 11" x 11' 4" (5.46m x 3.45m) Front and rear aspect sash windows overlooking the garden, double radiator, built-in wardrobe, hatch to roof space. Bathroom 10' 3" x 6' 10" (3.12m x 2.08m) White suite comprising panelled bath with shower screen and mains shower unit over, wall hung hand basin, low level w.c., part tiled walls, electric wall heater, airing cupboard housing the lagged hot water cylinder with immersion point and shelving, rear aspect window and double radiator. Outside A paved path leads to the front entrance door which is bordered to either side by flower borders. The private south facing garden at the rear of the property has a covered porch, storage cupboard and a paved patio area. Steps lead to the main garden which is walled and fenced with central stone paved path between well stocked borders of mature plants and flowers. A door opens to a further storage cupboard with water meter and provision for a second toilet.

Watsons

Local Branch: 18 Church Street, Cromer, NR27 9ES
Head Office: 1 Bank Plain, Norwich, NR2 4SF

Fees & Charges Explained

Park Road, CROMER, NR270EA

This property is sold subject to payment of a non-refundable deposit of £6,000.00, or the equivalent of 4.2% of the purchase price, whichever is greater, being placed by the successful purchaser.

This deposit forms part payment of the purchase price and will be deducted from the balance due upon completion.

This property is being sold under the Modern Method of Auction, which requires the completion of the purchase to be within 56 days, although all reasonable endeavours must be made to exchange contracts within 28 days following the Draft Contract being received by the Buyer's Solicitor.

A non-refundable Reservation fee must be paid by the buyer within 2 hours following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement in the 28 day period following the auction or the date of acceptance of the offer.

Buyers Information Pack

If the Buyer Information Pack has been produced and provided by iamsold any successful purchaser will be required to pay £300.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.

Buyer Fees

There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:

  • You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
  • Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.

 

Need More Information?

For further information or to speak to one of our team, please call 020 3859 2499.

Disclaimer

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.