2 bed property for sale

Atlantic Bays Holiday Park, Padstow PL28

Set within the popular Atlantic Bays Holiday Park near Padstow, this well-laid-out two-bedroom holiday chalet offers a relaxed coastal base that’s easy to enjoy and simple to maintain. The accommodation centres around a bright open-plan kitchen and living room with plenty of space to unwind after a day at the beach, while the two bedrooms are well proportioned and comfortable for family or guests. A modern shower room completes the layout, keeping things practical for short stays or longer break.

Lease Information

Service charge: You pay a fair and equitable proportion of the actual costs of running and maintaining the estate. Costs are accounted for yearly. Accounting date: 31 December each year

The landlord:
- Prepares annual accounts
- Certifies actual expenditure
- Adjusts payments based on what was actually spent

The lease is very clear that:
- Service charge is based on actual costs incurred
- It is reviewed annually, not periodically or index-linked like ground rent

Property Description

Being Sold by goto Online Auction
Starting Bids from £35,000
Buy It Now option available

This property is offered for sale via the Online Modern Method of Auction, a flexible and buyer-friendly way to purchase. Buyers have 56 working days to exchange and complete from receipt of the draft contract, or 10 working days after payment of the Buyer’s Premium, whichever is earlier. This timescale allows buyers to proceed with traditional residential finance.

If the auction is successful, or the vendor accepts an offer during the auction, the buyer will be required to pay a non-refundable Buyer’s Premium, securing the property and removing it from the market. Buyers must agree to the auction terms and conditions before solicitors are instructed. Full details are available on the goto Auctions website or via Purplebricks.

Please note the property is subject to an undisclosed Reserve Price, typically no more than 10% above the Starting Bid. Prices are subject to change.

To book a viewing, visit Purplebricks.

Specification

Auctioneer's Comments

This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be arranged.

The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from our website or requested from our Auction Department.

Buyer Fees

Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of 3.6% of the purchase price plus VAT (this is subject to a minimum amount of £6,600 including VAT) and a Legal Pack fee of £396.00 including VAT. This secures the transaction and takes the property off the market.

Stamp Duty Land Tax (sdlt) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.

Spec Continued

Material information:
The information above has been provided by the vendor, agent and goto Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.

Property Ownership Information

Tenure

Leasehold

Council Tax Band

A

Annual Ground Rent

£60.00

Ground Rent Review Period

Every 10 years

Annual Service Charge

£3,160.88

Service Charge Review Period

Every 1 year

Lease End Date

24/12/2999

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.