£85,000
1 bed flat for saleLower Lane, Shepton Mallet, Somerset BA4
1 bed
1 bath
1 reception
Added on
About this property
No onward chain
Sold via modern method of auction
Perfect for Frist Time Buyers/ Investors
A well-presented one-bedroom flat situated in Shepton Mallet, offering spacious and comfortable accommodation throughout. The property comprises an open-plan lounge and kitchen area, creating a bright and sociable living space. The kitchen benefits from ample storage, along with space for a washing machine, oven, and hob.
The generous double bedroom provides plenty of room for a bed and additional furniture, including wardrobes and drawers. Completing the accommodation is a family bathroom fitted with a bath and overhead shower.
This property would make an ideal first-time purchase or investment opportunity.
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.
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This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes 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 is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
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Tenure
Leasehold (Ask agent)
Service charge
£1,413 per year
Council tax band
A band has not yet been confirmed.
Ground rent
Ground rent date of next review
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