Lindisfarne Way, Thrapston, Kettering
- New
- 1 bedroom
- 1 bathroom
- Distinctive
About the property
Key Features
- Sale by Modern Auction (T&Cs apply)
- Subject to an undisclosed Reserve Price
- Buyers fees apply
- One Bedroom Apartment - Quiet residential area
- Fitted Modern Kitchen with connecting Lounge/Diner
- Quiet position - First floor
- Hallway, Lounge, Dining, Reception Extension, Kitchen, Guest W.C.
- Electric wall mounted heaters
Council Tax Band: A
Tenure: Leasehold
- Number of years left on lease: 89 years
- Annual service charge: £0
- Annual ground rent: £2,600
- Annual ground rent review period: Contact branch
- Ground rent increase: Contact branch
This one bedroom first floor apartment represents a rare find, located on the ever-popular Lazy Acre development in the market Town of Thrapston with long lease, and communal entrance and parking immediate to the property in a quiet residential setting.
The accommodation is to the first floor with dedicated stairway from the communal entrance with access to the gravelled communal parking area, immediate to the property.
The accommodation offers Bedroom, Lounge/dining room with connecting fitted kitchen and bathroom to the first floor. The property is double glazed, with electric wall mounted heating and electric immersion tank for hot water. We understand the lease has approximately 90 years remaining.
Service charges apply for the upkeep of the building including building insurance and maintenance of the communal areas including the car parking area see agents notes below for more details.
Agents Notes
The service charges are paid to the management company - One Port, and have been quoted by the vendor at £2600 per year to cover exterior building insurance and communal area upkeep including the carpark.
Auctioneer's Comments
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 £6600.00 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 no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.
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.