Guide price
£85,000
1 bed maisonette for saleRampant Horse Lane, Downham Market PE38
1 bed
1 bath
1 reception
EPC Rating: D
- Chain free
- Auction
- Leasehold
William H Brown - Downham Market
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About this property
Sale by Modern Auction (T&Cs apply)
Subject to an undisclosed Reserve Price
Buyers fees apply
Chain free!
1 bedroom flat
Communal parking
Town centre location
Great investment opportunity!
Summary
Chain free! A rare opportunity to purchase a vacant, one bedroom flat in the heart of Downham Market. This property would make a great investment opportunity or first time buy & offers a good-sized lounge, bedroom, kitchen & shower room, plus communal parking.
Description
A rare opportunity to purchase a vacant one bedroom flat right in the heart of Downham Market. Positioned just a stone’s throw from the town’s shops, supermarkets, cafés, restaurants and everyday amenities, this property enjoys an exceptionally convenient central location, ideal for those wanting everything on their doorstep. Downham Market also benefits from a mainline train station with direct links to King’s Lynn, Ely, Cambridge and London King’s Cross, making this an attractive option for commuters as well as investors.
The flat offers well-proportioned accommodation, including a good-sized lounge, a comfortable double bedroom, a fitted kitchen and a shower room. Externally, the property benefits from access to a communal parking area.
An excellent investment or first purchase opportunity in a highly sought-after town-centre location.
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.
Accommodation:
Entrance door to:
Lounge
Double-glazed windows to the front & side. Electric radiator. Door to the front.
Kitchen
This fitted kitchen includes both wall & base units with work surfaces over, a stainless steel sink & drainer unit, an electric oven & an electric hob with stainless steel cooker hood over. There is also space for an under-counter fridge, as well as space & plumbing for a washing machine. Tiled splashback.
Bedroom
Double-glazed window to the side. Electric radiator.
Shower Room
Fitted with WC, pedestal wash hand basin & shower cubicle. Extractor fan.
Outside
To the front of the property, steps lead up to the entrance door. A communal parking area provides off-road parking.
Agent's Note
Heating to the property is served by electric heating. Please contact the branch for more information if required.
The property is of non standard (concrete) construction, please enquire with branch for further details.
There is ground rent payable of £100 per annum & a service charge payable of £300 per annum.
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. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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More information
Tenure
Leasehold (117 years)
Service charge
£300 per year
Council tax band
A
Ground rent
£100
Ground rent date of next review