Guide price
£50,000
2 bed bungalow for saleAtlantic Bays, St Merryn, Padstow PL28
2 beds
1 bath
1 reception
- Auction
- Leasehold
Stratton Creber - Padstow
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About this property
Stylish holiday lodge with great letting history
A beautifully presented two bedroom holiday lodge; briefly consisting of open plan lounge/kitchen/diner, two double bedrooms and a family shower room. The parking area is nearby and the property has a deck to the front for dining out. The lodge is one of the larger two bedrooms on the park and is built on a solid base with compressed concrete cladding. The lodge has been let successfully through Cornish Horizons and is perfect for a bolthole or holiday let.
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows 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. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation 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 go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
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Tenure
Leasehold (Ask agent)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review