Guide price
£100,000
1 bed flat for salePreston Road, Yeovil, Somerset BA21
1 bed
1 bath
1 reception
EPC Rating: C
Reduced on
About this property
1 Bedroom Top Floor Flat | Somerset Court, Yeovil.
Situated in the popular Somerset Court development, this well-presented one-bedroom top floor flat offers an excellent opportunity for first-time buyers and investors alike.
Conveniently located close to Yeovil College, Yeovil District Hospital and the town centre, the property is ideally positioned for those seeking easy access to local amenities, employment hubs and transport links.
Presented in very good condition throughout, the flat provides comfortable, ready-to-move-into accommodation.
The accommodation comprises a spacious living room, fitted kitchen, double bedroom and bathroom, with the top floor position offering added privacy and a pleasant outlook. Further benefits include allocated parking, providing convenient off-road parking for residents.
This property is offered through Modern Method of Auction.
Why Buy with the Modern Method of Auction?
• Clear process – full legal pack available upfront
• Mortgage-friendly – up to 56 days to complete
• Fair bidding – online or by phone, in real time
• Confidence – secure your property with a reservation fee
• Quicker move – average completion just 22 days
A straightforward and secure way to buy your home.
** 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 £6,600.00 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 £495 inc. VAT towards the preparation cost of the pack. 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.
We understand the property has a lease length of 999 year remaining.
The maintenance charge is £1400 P/A, and the ground rent is £93.75 P/A . The management pack has been ordered and will be with us shortly. Please contact us for further information.
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Tenure
Leasehold (998 years)
Service charge
£1,400 per year
Council tax band
B
Ground rent
£98
Ground rent date of next review
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