Studio for sale

Rye Street, Bishop's Stortford CM23

Detailed Description

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £135,000

This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.

<b> VIA Properties</b> are pleased to offer this studio apartment located in the popular Cedar Court development

This is an excellent entry level property where running costs will be low
The property has been owner occupied during the first few years of ownership and has since been let comfortable to a coupe working at the airport.
Whilst the property is quite small, with the right furniture configuration will break up the living area
The windows offers nice views of the courtyard communal area

<b> Outdoor appeal: </b>
Superbly maintained communal ground
Allocated and visitor parking
The driveway and parking areas have recently been tarmacked.

<b> Local Area Highlights:</b>
Opposite the new Grange Paddocks Leisure Centre
Within comfortable walking distance of the town centre and train station
Bishop’s Stortford is an historic market town lying beside the River Stort, offering a range of shopping, educational, recreational facilities and amenities including The Bishop’s Stortford College, golf club, swimming pool, hospital, cinema, health and fitness club, theatre groups, restaurants, garages etc.
In addition there is a mainline station providing regular services to London's Liverpool Street, and the M11 is on the eastern outskirts of the town giving access to London, M25, Cambridge and the Midlands.
Stansted Airport is approx 4 miles from the town.

<b> Auctioneers Additional Comments:</b>

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’, and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

<b> Final comments: </b>
A tidy first time purchase or investment.

<b> Lets be Social: </b>


<b> money laundering regulations</b>
1: Intending purchasers and tenants 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 a purchase or let
2: These particulars do not constitute part or all of an offer or contract or tenancy.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers and tenants are advised to recheck the measurements before committing to any expense.
5: VIA Properties Ltd have not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: VIA Properties Ltd has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.