Guide price
£80,000
1 bed flat for salePark Road, Peterborough PE1
1 bed
1 bath
1 reception
EPC Rating: D
- Auction
Pattinson - Auctions
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About this property
86 Years Lease
Service charge 1500
Ground Rent 50.00 per annum
Vacant Possession
Summary
Sold via online un-conditional auction
Property is situated on Park Road in Peterborough, this delightful ground floor flat presents an excellent opportunity for those seeking a comfortable and convenient living space. With vacant possession, you can move in without delay and start enjoying your new home right away.
The property is ideally situated just a stone's throw from the city centre, offering easy access to a variety of shops, restaurants, and local amenities. For those who commute or enjoy exploring further afield, the nearby train station is within walking distance, making travel a breeze.
Although the flat is compact, it provides a perfect canvas for personalisation, allowing you to create a space that reflects your style and needs. The location is not only practical but also vibrant, with the energy of the city at your doorstep.
This property is perfect for first-time buyers, investors, or anyone looking to downsize without compromising on convenience. With its prime location and the potential for a comfortable lifestyle, this ground floor flat on Park Road is certainly worth considering. Don't miss the chance to make it your own.
Auctioneers Additional Comments
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'.
These prices are subject to change.
An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.
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.
Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 86
Annual Ground Rent Amount: 1,500.00
Annual Service Charge Amount: 50.00
Hallway
Door to front, Radiator, wood flooring.
Lounge
Window to front, radiator, TV point, wood flooring
Kitchen
Window to side, fitted with matching wall and base units, sink, built-in oven and hob, space for washing machine and fridge/freezer, boiler, radiator.
Bedroom 1
Window to side x2, radiator, storage.
Bathroom
Window to the side aspect. Fitted with a white three piece suite comprising panelled bath with shower over, wash hand basin and a WC, granite tiled splashbacks.
Outside
Parking at the rear of the property
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
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. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. 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. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 7.2% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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