1 bed property for sale

Exeter Drive, Colchester CO1

Summary

For Sale via Online Unconditional Auction. This delightful one-bedroom apartment in Cranmere Court offers an exceptional opportunity for those seeking a comfortable and convenient retirement property in Colchester. Specifically designed for residents over the age of 60, this apartment provides a secure and supportive living environment, ensuring peace of mind for its occupants.

The apartment itself comprises a well-proportioned bedroom, a modern bathroom, and a welcoming reception room, perfect for relaxing or entertaining guests. The layout is thoughtfully designed to maximise space and natural light, creating an inviting atmosphere throughout. While the interior offers a comfortable living space, there is also scope for a new owner to personalise and update the decor to their own taste, adding significant value and creating a truly bespoke home.

Cranmere Court boasts an array of excellent communal facilities that enhance the quality of life for its residents. The beautifully maintained communal gardens provide a tranquil outdoor space, ideal for leisurely strolls or enjoying the fresh air. For social interaction, the residents' lounge offers a comfortable setting to meet neighbours and participate in community activities. Convenience is further assured with lifts providing easy access to all floors, making the entire building accessible.

One of the significant advantages of this property is the inclusion of an allocated parking space, a highly sought-after feature in many residential developments. This ensures hassle-free parking for residents and their visitors. The property is also offered with no onward chain, simplifying the purchasing process and allowing for a smoother, quicker transaction.

Located in Colchester, Cranmere Court benefits from excellent local amenities and transport links. Residents can enjoy easy access to shops, supermarkets, healthcare facilities, and public transport routes, ensuring all daily needs are met within close proximity. Colchester itself is a historic town with a vibrant community, offering a wealth of cultural attractions, parks, and recreational opportunities.

This apartment represents an ideal choice for individuals or couples looking for an independent yet supported lifestyle within a friendly community. With its attractive guide price, desirable features, and convenient location, early viewing is highly recommended to fully appreciate all that this charming retirement property has to offer.

For sale through Pattinson Auction under Conditional Terms.
Council Tax Band: B
Tenure: Leasehold
Length of Lease: 59
Annual Service Charge Amount: 3,449.00

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

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 or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this 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. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.