£35,000
2 bed flat for saleKnapp Road, Cheltenham, Gloucestershire GL50
2 beds
1 bath
1 reception
EPC Rating: D
- Retirement
- Auction
- Leasehold
Andrews - Cheltenham
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About this property
For Sale by Modern Method of Sale (t's & c's in the Description)
Two Bedrooms
Ground Floor Apartment
Town Centre location
Over 60's Only
Resident Parking
In Need of a Total Cosmetic Refurb Throughout
Located in Central Cheltenham near Waitrose, Somerset House is a well positioned retirement development for the over 60’s.
Set within an easy level walk of the main town centre and a host of local amenities, this particular apartment is positioned on the ground floor with direct access to the communal gardens. The accommodation in general is in need of a total cosmetic refurbishment throughout and in brief comprises an entrance hall, 15'6 x 11'7 sitting room with patio door leading out to the gardens, kitchen with a range of wall and base units, a family bathroom with shower over the bath, a single bedroom and a double bedroom.
Additional facilities include full use of laundry room (which includes drying), use of a communal room for functions (or bookable for resident special events) and use of the garden at the rear. The apartment is heated by economy night storage heating, and double glazed UPVC windows.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. This pack is available for any interested party to view, and you are required to view this pack before bidding. The successful buyer will pay for this pack at a cost of £495.00 including VAT.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
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More information
Tenure
Leasehold (59 years)
Service charge
£4,000 per year
Council tax band
B
Ground rent
Ground rent date of next review