Guide price
£90,000
1 bed flat for saleDitton Street, Ilminster TA19
1 bed
1 bath
1 reception
About this property
Sale by Modern Auction (T&Cs apply)
Subject to an undisclosed Reserve Price
Buyers fees apply
One Double Bedroom Ground Floor Flat
Central Location With Easy Access To Local Amenities
Ideal First Time Purchase Opportunity
Ideal First Time Purchase Opportunity
Excellent Investment Opportunity - 9% Potential Rental Yield
no onward chain! An exciting opportunity to acquire this well-presented one double bedroom ground floor flat, ideally situated in the heart of ilminster within a gated development and offering easy access to a range of local shops and amenities. Viewing is highly recommended!
Description
Connells are delighted to present this well-positioned ground floor apartment, set within a secure gated development in the heart of the popular town of Ilminster. Ideally located within close proximity to a range of local amenities, the property is also just a short walk from Ilminster Tesco, offering excellent everyday convenience. The property benefits from two access points, including entry via secure communal gates leading to a communal entrance door, as well as a further private entrance located to the opposite side of the building.
Ilminster is a charming medieval market town, with its centre dominated by the historic Minster and a wealth of Georgian architecture built from the local Hamstone. Surrounded by lightly wooded countryside designated as a Special Landscape Area, the town offers a full range of shopping facilities, schooling at primary and intermediate levels, and churches of various denominations.
The development benefits from well-maintained communal areas, including a central courtyard for residents' use, with further features including individual post boxes within the communal entrance and communal bin storage.
The accommodation briefly comprises an entrance hall, lounge, kitchen, double bedroom, and bathroom.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing 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 Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Communal
Communal entrance accessed via secure gates, with individual post boxes adjacent to the entrance and communal bin storage.
Front Door
Leading to...
Entrance Hall
Welcoming entrance hall with radiator and built-in storage cupboard housing the boiler. Doors leading into...
Lounge
A bright and well-proportioned lounge featuring a window to the front aspect allowing for natural light, complemented by neutral décor and fitted carpeting. The room offers a versatile living space with a radiator and access to the front entrance door.
Kitchen
A well-presented fitted kitchen comprising a range of wall and base units with complementary work surfaces, incorporating an inset sink and drainer. The space further benefits from an integrated oven and hob with extractor over, modern flooring, and a window allowing for natural light, creating a bright and functional environment.
Bedroom
A well-proportioned double bedroom featuring a window to the front of the property, allowing for natural light. The room benefits from neutral décor, fitted carpet, and a radiator.
Bathroom
A well-presented bathroom fitted with a three-piece suite comprising a panelled bath with shower over and glass screen, wash hand basin, and low-level WC. The room benefits from part tiled walls, modern flooring, and a window allowing for natural light.
Lettings
For any advice on this property or any other investment opportunities, please contact our experienced lettings team, who aim to get the best tenants at the best price.
Our comprehensive and competitive management and lettings services can be tailored to fit your needs.
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.
Mortgage calculator
£450 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (114 years)
Service charge
Council tax band
A
Ground rent
£0
Ground rent date of next review



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