1 bed flat for sale
Meadow Place, Shrewsbury SY1
- Sold subject to contract
Property Listing Details
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Property details
Features
- Auction T&c’s Apply
- Town Centre Apartment
- Some Improvement Required
- Good Size Living Room & Bedroom
- Basement Kitchen & Further Room
- EPC = D
Listing view statistics
Last 30 days: 5 page views
Since listed: 1142 page views
Description
For Sale by Modern Method of Auction. Starting Bid £50,000 plus Reservation Fee.
A fantastic opportunity to purchase a spacious town centre flat which could be further developed and improved. On the ground floor is a good size living room and bedroom, there is a basement kitchen and bathroom together with another storage room with potential to be converted (subject to the necessary consents).
This property is for sale by The West Midlands Property Auction, powered by iam-sold Ltd.
Living Room (5.3m x 4.5m (17'4" x 14'9"))
Bedroom (3.6m x 2.7m (11'9" x 8'10"))
Basement Kitchen (3.7m x 1.6m (12'1" x 5'2"))
Basement Potential Room (3.9m x 3.5m (12'9" x 11'5"))
Bathoom
Agents Notes
We are advised that there will be a new 125 year lease with a ground rent of £240 for the first 25 years, service charge to be advised.
Floorplan & Space Planner
Please take advantage of the Space Planner, which allows you to drag-and-drop furniture into the floor plan, to see how you might actually live in this property. Dragging-and-dropping from the furniture library is very easy and, once finished, you are able to view the finished plan in 2D or 3D, and also save or email the floor plan for future access. Simply copy and paste the following link into your browser:
Auctioneer's 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, but grant 28 days to achieve exchange of contracts from the date the buyer’s solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. 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 3.5% subject to a minimum of £5,000 plus VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all the terms and conditions can be found in the Legal 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. Terms and conditions apply to Modern Method of Auction, which is operated by “The West Midland Property Auction powered by iam-sold Ltd” or “iam-sold Ltd”. To view or make a bid contact DB Roberts or visit:
This catalogue contains details about properties being sold at auction. Those details are subject to change up to and including the day of the auction. Please check our website regularly at , and look out for any additional materials available on the day of the auction, in order to stay fully informed with the up to date information.
Guide Price/Starting Bid: An indication of the seller’s current minimum acceptable price at auction. The guide price/starting bid or range of guide prices/starting bids is given to assist the consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price/starting bid can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price/starting bid is different to a reserve price (see separate definition). Both the guide price/starting bid and the reserve price can be subject to change up to and including the day of the auction.
Reserve Price: The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price/starting bid and the reserve price can be subject to change up to and including the day of the auction.
A fantastic opportunity to purchase a spacious town centre flat which could be further developed and improved. On the ground floor is a good size living room and bedroom, there is a basement kitchen and bathroom together with another storage room with potential to be converted (subject to the necessary consents).
This property is for sale by The West Midlands Property Auction, powered by iam-sold Ltd.
Living Room (5.3m x 4.5m (17'4" x 14'9"))
Bedroom (3.6m x 2.7m (11'9" x 8'10"))
Basement Kitchen (3.7m x 1.6m (12'1" x 5'2"))
Basement Potential Room (3.9m x 3.5m (12'9" x 11'5"))
Bathoom
Agents Notes
We are advised that there will be a new 125 year lease with a ground rent of £240 for the first 25 years, service charge to be advised.
Floorplan & Space Planner
Please take advantage of the Space Planner, which allows you to drag-and-drop furniture into the floor plan, to see how you might actually live in this property. Dragging-and-dropping from the furniture library is very easy and, once finished, you are able to view the finished plan in 2D or 3D, and also save or email the floor plan for future access. Simply copy and paste the following link into your browser:
Auctioneer's 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, but grant 28 days to achieve exchange of contracts from the date the buyer’s solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. 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 3.5% subject to a minimum of £5,000 plus VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all the terms and conditions can be found in the Legal 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. Terms and conditions apply to Modern Method of Auction, which is operated by “The West Midland Property Auction powered by iam-sold Ltd” or “iam-sold Ltd”. To view or make a bid contact DB Roberts or visit:
This catalogue contains details about properties being sold at auction. Those details are subject to change up to and including the day of the auction. Please check our website regularly at , and look out for any additional materials available on the day of the auction, in order to stay fully informed with the up to date information.
Guide Price/Starting Bid: An indication of the seller’s current minimum acceptable price at auction. The guide price/starting bid or range of guide prices/starting bids is given to assist the consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price/starting bid can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price/starting bid is different to a reserve price (see separate definition). Both the guide price/starting bid and the reserve price can be subject to change up to and including the day of the auction.
Reserve Price: The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price/starting bid and the reserve price can be subject to change up to and including the day of the auction.
You could get
Superfast broadband
Up to 80 Mbps (Source: Ofcom)
Floorplan
Map & Nearby
Local Amenities
- Shrewsbury 0.1 miles
- Yorton 6.8 miles
- Shrewsbury Academy 0.4 miles
- St Winefride's Convent School 0.4 miles
Market stats
Sale activity
Average estimated value for a flat in SY1:
- £174,180
-
Price decrease
- -£9,488
- (-5.166%)
- Over the last 12 months
In the last 12 months
-
Average sale price
£163,715 -
Properties sold
36
Rental opportunities
Looking for an investment? The average rent for a 1 bedroom flat in SY1 is currently:
£425 pcmRecent sales nearby
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11 Corndon Drive
- £172,000
-
18th Oct 2019
-
Semi-detached house
-
-
-
219 Sundorne Road
- £156,000
-
18th Oct 2019
-
-
-
48 Berwick Road
- £375,000
-
17th Oct 2019
-
Detached house 3 Bedrooms
-
Estimated running costs
Based on available 3rd party data
Approximate costs
£
per month
- Mortgage £ p/m
- Energy from £47 p/m
- Water from £20 p/m
- Council tax £107 p/m
- Home insurance Not known
Mortgage calculator
£ per month
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The Agent
Price history
Sold prices provided by Land Registry
30th Jul 2019
£50,000
Price reduced by £20,000
10th Jul 2019
£70,000
Price reduced by £5,000
21st Jun 2019
£75,000
Price reduced by £5,000
11th May 2019
£80,000
First listed
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Property descriptions and related information displayed on this page are marketing materials provided by DB Roberts. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact DB Roberts for full details and further information.
