2 bed flat for sale

Market Strand, Falmouth TR11

Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £240,000

Set within an instantly recognisable landmark building in the centre of Falmouth, this two-bedroom apartment offers a rare combination of character, light and development potential. The property features an expansive open-plan living, dining and kitchen area framed by the original super-large windows, which create an impressive and airy feel throughout. While the apartment is in need of modernisation, the generous room sizes and thoughtful plan provide a blank canvas for a contemporary refit - currently offering excellent scope to add real value.

Both bedrooms are well proportioned and benefit from the same bright aspect. Outside, the property includes an allocated parking space - a major plus in this sought-after, pedestrian-friendly part of town. Positioned amongst Falmouth’s boutiques, cafés and cultural hotspots, this apartment is perfect for buyers who want to be at the centre of the action while making the space their own.

Key benefits:

Iconic building with architectural character

Huge original windows and exceptional natural light

Large open-plan living, dining and kitchen - flexible layout

Two good-sized bedrooms

Allocated parking space

Excellent scope to modernise and increase value

Prime central location in fashionable Falmouth

Services

The property benefits from mains electricity, water, gas and drainage, with efficient gas-fired central heating.

Council Tax

Band C – Cornwall Council.

Tenure

Leasehold, with the remainder of a 999-year lease dating from September 1982. The freehold is vested within the management company, comprising the seven leaseholders. Long-term letting is permitted (holiday letting is excluded). Please note that pets are not allowed. A service charge of £157 per calendar month applies, covering a comprehensive programme of maintenance.

Additional Information

Residents have access to a communal utility room located on the second floor, equipped with a coin-operated tumble dryer and sink.

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. 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 of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services