1 Bedrooms Studio for sale in Alexandra Road, Colchester CO3 | £ 65,000
Overview
| Price: | £ 65,000 |
|---|---|
| Contract type: | For Sale |
| Type: | Studio |
| County: | Essex |
| Town: | Colchester |
| Postcode: | CO3 |
| Address: | Alexandra Road, Colchester CO3 |
| Bathrooms: | 1 |
| Bedrooms: | 1 |
Property Description
Summary
* * * investment opportunity * * * A top floor studio flat with separate kitchen, shower room, generously sized living/bedroom and no onward chain.
Description
* * * investment opportunity * * * A top floor studio flat with separate kitchen, shower room, generously sized living/bedroom and no onward chain.
Auctioneers Comments:
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, granting 56 days for completion with an aim to exchange contracts 28 days from the date the buyer's solicitor is in receipt of the draft contracts. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 4.2% to a minimum of £6000 including VAT which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a 'Reservation Form' to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation Form and all terms and conditions can be found in the Property Information Pack, which can be downloaded for free from the auction section of our website or requested from our Auction Department. 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 Modern Method of Auction, which is operated by Connells Property Auction powered by iam Sold. Reservation Fee is in addition to the final negotiated selling price.
Communal Entrance Porch
Double glazed entrance door, stairs rising off to second floor.
Personal Entrance Hall
Window to side aspect, built in storage area, loft hatch, doors to:
Shower Room
Skylight window to side aspect, low level WC, pedestal wash hand basin, shower cubicle, hot water cylinder and extractor.
Kitchen 10' 7" x 6' 7" ( 3.23m x 2.01m )
Double glazed window to rear aspect, range of wall mounted and base units, roll top work surfaces tiled splash backs, single bowl single drainer sink unit, space for cooker, fridge freezer, washing machine, wall mounted heater.
Lounge / Bedroom 15' x 12' 5" ( 4.57m x 3.78m )
Double glazed window to front aspect, wall mounted heater.
Lease details are currently being compiled. For 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.
Property Location
Property Marketed by Connells - Colchester
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