Ref: Lot 1

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Town & Country Property Auctions North West
Town & Country Property Auctions North West

Unconditional (Buyer's Premium)


UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+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).

Description

A 2 bedroom penthouse apartment extends over 1700 sqft within Swythamley Hall which is set within 8 acres of communal gardens and a further 140 acres of grounds.

A rare opportunity to purchase a stunning property which will appeal to a variety of buyers looking for a lock and leave getaway to work from home professionals.

The property comes with 2 garages one of which is used as a gym, owners have use of the communal gardens, croquet lawn, tennis court and helipad, in all about 20 acres.

PLEASE REGSITER ON AUCTIONEERS WEBISTE FOR LEGAL PACK AND FURTHER INFORMATION

The monthly service charge is £600.
Then you have your share of the insurance - 11.5%.
The extras for the Hall (eg roof repairs or terrace repairs or anything like that) are divided depending on surface area - your share is 13%.
Any whole estate extras (gate repairs, big items - the bridge was one or the big tree, or if we needed a new tractor) are divided by leaseholders - so divided by 8.

Buyers Premium

* Plus 5% Buyers Premium + VAT

Special Conditions

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’.  Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Council Tax Band

E

Lease Start Date

01/01/1988

Lease Duration

999 years (962 years unexpired)

Annual Service Charge

£7,200


* 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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