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Cypress Court, PAIGNTON, TQ45DU

Starting Price* £140,000

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  • Overview
  • Particulars
  • Request Details
  • Agent Details
  • Fees & Charges Explained

Property Overview

This retirement apartment is at Cypress Court where you are in an ideal location for the amenities of the town centre, excellent bus routes and a short distance from the sea front. Two bedrooms, lounge/dining room, kitchen and bathroom.

Starting Bid and Reserve Price

*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the auction, which is powered by IAM Sold.

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.

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 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This 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 go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This 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 copy of the Reservation Agreement and terms and conditions are contained within this pack.

The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack.

The Partner Agent and Auctioneer may recommend the services of third parties to you, in which they may 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 hidden reserve price that can change.

Energy Performance Certificate (EPCs)

Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.

Property Particulars

Communal Entrance Hallway Lift and stairs to all floors. This flat is located on the top floor of the complex. Entrance Hallway Hallway has access to loft space, wall mounted electric heater, wall mounted intercom entry system, an emergency pull cord, storage cupboard housing mains fuseboard and meters, further storage cupboard with shelving, cloak hooks and hot water system. Lounge/dining Room 21' 3" Max x 13' 5" Max ( 6.48m Max x 4.09m Max ) The Lounge is a light and spacious room with uPVC double glazed window to the side aspect and uPVC double glazed door with side panelled window leading out on to the balcony. Wall mounted electric flame effect fire, television point, telephone point, electric heater and double doors into Kitchen 9' x 6' ( 2.74m x 1.83m ) Kitchen has strip light with ceiling extractor and uPVC double glazed window, a suite comprising of matching wall and base units with under unit lighting and roll top worksurface over, single stainless steel sink unit with drainer and mixer tap over with complimentary tiled splashbacks, integral electric eye level oven with four ring ceramic hob and canopy hood above, integrated freezer and refrigerator. Bedroom One 12' 2" To the front of the wardrobe x 10' 3" ( 3.71m To the front of the wardrobe x 3.12m ) uPVC double glazed window overlooking the balcony with television point wall mounted electric heater, telephone point, built in wardrobe with folding high glossed finished doors housing hanging and shelving space. Bedroom Two 14' 3" max x 8' 5" ( 4.34m max x 2.57m ) uPVC double glazed window overlooking the balcony with wall mounted heater, space for wardrobes in recess. Shower Room Modern suite with double shower cubicle, mains shower over and sliding glazed screen, handwash basin set into vanity unit with storage cupboard below, wall mounted mirror above with strip light over, emergency pull cord, wall mounted dimplex heater, low level WC with medicine cabinet above, tiling to the walls, heated towel rail. Accommodation To the front of the Complex is a secure communal entrance leading into Balcony Access via the lounge is the balcony, with timber decked floor and glass balustrade overlooking the surrounding area.

Request full details for this property

Please complete the form below to receive full details about the property you are looking at.

All fields marked with an * are required. Please be advised that all calls made to and from iamsold are recorded. Calls are recorded for training and monitoring purposes and may also be used for complaint resolution. Calls are stored securely in accordance with General Data Protection Regulation requirements. Personal information submitted via the request details form will not be shared, rented or otherwise abused.

Connells

Local Branch: 51 Hyde Road, Paignton, TQ4 5BP

Fees & Charges Explained

Cypress Court, PAIGNTON, TQ45DU

This property is sold subject to payment of a non-refundable reservation fee of 4.2% to a minimum of £6,000.00 including VAT.

Any successful purchaser will pay this to secure the sale. The reservation fee is in addition to the purchase price. Please take this into account when bidding.

A reservation fee is payable by the buyer only when the seller pays no fees to sell. As sellers pay no fees to sell, this is usually taken into account with a lower reserve price.

This property is being sold under the Modern Method of Auction, which requires the completion of the purchase to be within 56 days, although all reasonable endeavours must be made to exchange contracts within 28 days following the Draft Contract being received by the Buyer's Solicitor.

A non-refundable Reservation fee must be paid by the buyer within 2 hours following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement in the 28 day period following the auction or the date of acceptance of the offer.

Buyer Information Pack

If the Buyer Information Pack has been produced and provided by iamsold any successful purchaser will be required to pay £300.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.

Buyer Fees

There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:

  • You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
  • Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.

 

Need More Information?

For further information or to speak to one of our team, please call 020 3096 0248.

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.

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