Property Unavailable
£295,000

2 bed flat for sale in The Mast, Albert Basin Way (ref: 487728)

Shortlist

Key Features

  • Private Balcony
  • Cash Buyers Only
  • 2 Bed 2 Bath Apartment
  • Financial Verification Required Ahead Of Viewing
  • Unexpired Lease Term In Excess Of 180 Years
  • 3rd Floor
  • Allocated Underground Parking
  • Offered Chain Free
For Sale By Online Auction. Starting Bids £295,000. Terms and Conditions Apply.

As the seller’s sole agents we are instructed to offer For Sale this well presented third floor apartment located in a sought after block within a waterfront development. Accommodation offers two bedrooms with an en-suite shower room to the master bedroom, a spacious lounge with access to the private balcony which in turn offers a beautiful side view of the river, a well equipped fitted kitchen with integrated appliances and a family bathroom. This property comes with the added benefit of an allocated underground parking space which is valued at between £10,000-£15,000. This property is for cash buyers only as the building does not have a valid External Wall Survey Certificate (EWS1). With a valid EWS1 certificate we would expect this apartment to be marketed with an asking price in the region of £400,000. Funding has been secured for the initial remedial works and the management company have applied for further funding which they are waiting to hear back on. The property is currently let on an AST generating £1400 per calendar month but can be offered with full vacant possession.

Buyers are advised to make their own inquiries with the block managing agents and ultimately must satisfy themselves as to the funding position for the required remedial works. Buyers are also advised to take legal advice before committing to purchase.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

Full clarification is available upon request or by notification within the legal pack.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. VIEWING THE PROPERTY PRIOR TO BIDDING IS ADVISED.

Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments

Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular 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.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.

Stamp Duty Due

Based on a sale price of £295,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated following the end of the stamp duty holiday on 1st October 2021.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

Property Images

2 bed flat for sale in The Mast, Albert Basin Way  0

Untitled-105

Further Details

  • Status: Available
  • Reference: 487728

Location

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