Guide price
£300,000
2 bed flat for saleKings Drive, Midhurst, West Sussex GU29
2 beds
2 baths
1 reception
Added on
About this property
For sale by online auction
6 weeks’ completion
Exclusive Grade II* Listed estate
Top floor apartment with private balcony
Two underground parking spaces
Extensive grounds and leisure facilities
Situated within 165 acres of historic gardens and grounds in the heart of the South Downs National Park, this two-bedroom apartment offers a distinctive opportunity to acquire a home within an impressive Grade II* Listed development.
The King Edward VII estate occupies an elegant building commissioned by King Edward VII and completed in 1906 in the Arts and Crafts style. Subsequently restored to provide modern residential accommodation, the development benefits from an impressive range of communal facilities, including two residents' lounges, a swimming pool, gym and guest suite, all set within extensive landscaped grounds.
Positioned on the top floor, the apartment includes a 22' open-plan living and dining area incorporating a modern fitted kitchen with integrated appliances. There are two well-proportioned bedrooms, with the principal bedroom benefiting from an en-suite bathroom, while a separate bathroom serves the remainder of the apartment. Further benefits include a private balcony overlooking mature woodland and two underground parking spaces.
The location combines a tranquil rural setting with access to the amenities of nearby Midhurst, a historic market town offering independent shops, cafés and restaurants. The surrounding South Downs National Park provides extensive opportunities for walking, cycling and enjoying the countryside, while the wider West Sussex area offers connections to neighbouring towns and villages.
Auction
To be sold by online auction (unconditional) on Thursday 26th November with a 6 week completion, bidding will open at 10.00.
To View
Viewings will be conducted prior to the auction, please visit our website to book an appointment at
Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.
Tenure
Leasehold with vacant possession.
Lease
175 years from 1 January 2015 - 164 years remaining
Ground Rent And Service Charge
Please see legal pack for further details.
EPC Rating
Not applicable
Local Authority
Chichester
Legal Pack
For each lot there are Special Conditions of Sale and other documentation provided by the vendor's solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor. The documents may not tell you everything you need to know about the property and you are required to complete your own due diligence before bidding.
Guide Prices
Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a Reserve, (a figure below which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price.
Additional Fees
A buyers charge of £1,650 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.
Deposit
If you are the highest bidder when the auction ends, contracts are exchanged between you and the seller. Both parties are legally bound to complete the transaction as per the special conditions in the legal pack. Your card will be automatically debited for the bidder security amount of £6,000 and we'll require the remaining balance for a 10% non-refundable deposit. We will contact you after the auction has finished to make these arrangements.
Pre-Auction Offers
These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are only considered on an auction basis in accordance with the “Terms & Conditions - Unconditional Auction".
Mortgage Finance
We advise all bidders who require a mortgage to confirm with their Financial Advisor as to whether or not the lot you are interested in would be suitable security to borrow finance against, prior to bidding. If you need to arrange a mortgage it is important that you obtain an offer from your lender before the day of the auction. Most building societies and banks will instruct a surveyor to prepare a valuation report before making a mortgage offer.
Please Note
All plans are strictly for identification purposes only and should not be relied upon. Please refer to the legal pack for the Land Registry plan of each lot. Any plans are reproduced from Ordnance Survey maps with kind permission of the Controller of His Majesty's Stationery Office @ Crown copyright. All rights reserved, Licence no:
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Tenure
Leasehold (164 years)
Service charge
Council tax band
A band has not yet been confirmed.
Ground rent
Ground rent date of next review
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