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Flat 21, West Court, Burpham Lane, Guildford, Surrey GU4 7JL

Lot no: 149 Sold Prior to Auction
 

Guide Price £10,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 27th June 2024

9.00am
Key Features
  • Two Bedroom Retirement Property
  • Good-sized Living Room
  • Communal Gardens
  • Close to Local Shops and Amenities
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Sold Prior to Auction

Retirement property

Property Description:

A newly decorated two-bedroom first-floor retirement apartment benefitting from a good-sized living/dining room, fitted kitchen and a fitted bathroom.

The lease allows the owner of the flat to be under 60 as long as the person living at the flat is over 60 or if there are two one is over 60 and the other over 55 years. As such, there does not appear to be restrictions on subletting.

West Court is designed for the over 60s and provides lift access with safe and secure living, and is conveniently located for local shops and bus services.

The apartment is accessed via the lift to the first-floor with a door into the hallway, a
useful storage cupboard with plumbing for a washing machine.

The good-sized living room has a feature fireplace and offers space for a dining table. This room is semi-open-plan to the kitchen, which is fully tiled and fitted with a range of
wood-effect eye and base level units, and includes a cooker and fridge/freezer.

There are two bedrooms, both with the benefit of fitted wardrobes and a bathroom comprising a bath with shower over, wash hand basin set into a vanity and WC.

Residents have access to communal gardens, and there is plenty of parking on site.

West Court is a purpose-built development of retirement apartments, managed by First
Port Retirement Property Services, situated in the centre of Burpham Village within easy
reach of local shops, doctors surgery, dentists and Sutherland Memorial Park. The development has a resident house manager with 24-hour emergency response service
activated by pull-cords in each of the rooms. There is also use of a residents communal
lounge, laundry room and well-maintained gardens.

Leasehold Information

Lease: 125 years from 1 January 1988. (taken from the land registry) We have been advised the ground rent is £608.04 per annum, and the service charge is £4,200 (approx.) per annum. Please refer to the legal pack. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Additional Information:

Construction Material: Timber frame, as built (taken from EPC) Heating: Electric storage heaters. Coverage: Broadband - Standard, Ultrafast and Superfast is available in this location. Mobile signal - O2, Vodafone and EE show as high in this area, and Three as medium. Satellite and Cable - BT and Sky show as available in this area.

Please Note

There does not appear to be restrictions on subletting. Prospective buyers are advised to make all necessary independent enquiries and refer to the legal pack prior to placing their bid as this will be binding.

Tenure:

Leasehold. Vacant possession upon completion.

Ground Rent

£608

Unexpired Years

89

Annual Service Charge

£5,173



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales).

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).


Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.