1 bed flat for sale

Down Edge, Redbourn, St. Albans AL3

Summary
Situated in the highly desirable village location of Redbourn, an opportunity for a first time buyer or investor to acquire a well presented 1 bedroom ground floor apartment which benefits from a spacious lounge, kitchen, bathroom, hallway with walk in storage cupboard, and gas central heating. Exte

description
Situated in the highly desirable village location of Redbourn, an opportunity for a first time buyer or investor to acquire a well presented 1 bedroom ground floor apartment which benefits from a spacious lounge, kitchen, bathroom, hallway with walk in storage cupboard, and gas central heating. Externally there are communal gardens and residential parking.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

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 Entrance Hall
Doors leading to the front and rear of the ground floor, private front door to the property.

Entrance Hall 8' 5" x 3' 10" ( 2.57m x 1.17m )
Radiator, storage cupboard.

Lounge 17' 8" x 10' 9" ( 5.38m x 3.28m )
A spacious room with a window to the rear overlooking the communal gardens, two radiators, door to the kitchen.

Kitchen 8' 5" x 8' 4" ( 2.57m x 2.54m )
Fitted with a range of wall and base units with complimentary worktops and sink unit, space for cooker, washing machine, fridge and freezer.Window to front, radiator.

Bathroom 6' 5" x 5' 8" ( 1.96m x 1.73m )
White suite comprising a panelled bath with shower over, low level WC, wash hand basin, window to front.

Walk In Cupboard 7' 9" x 4' 3" ( 2.36m x 1.30m )
Houses the gas boiler and meter,

Outside
Outside offers communal gardens and on street parking.

Agent's Note
There are 102 years remaining on the lease. The ground rent is currently £10pa and a service charge of approximately £1000pa. This information should be verified by your solicitor before exchange of contracts.

Bedroom 14' x 8' 5" ( 4.27m x 2.57m )
Window to rear, Radiator.

We currently hold lease details as displayed above, should you require 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.