*CASH BUYERS ONLY* GROUND FLOOR FLAT WITH DIRECT VIEWS ONTO HAWLEY SQUARE!!Miles and Barr are delighted to bring to the market this ground floor flat in an attractive grade II listed building situated on the ever popular Hawley Square in central Margate. The property may require some modernisation however is clean and well presented. Internally the apartment consists of a spacious open plan lounge/kitchen, double bedroom and a bathroom. Externally the property does boast allocated parking to the rear of the building, electric heating, sash windows whilst benefiting from being sold with no chain. The location is ideal being so centrally located and in close proximity of the High Street, Turner Contemporary Art Gallery and Margate's resurgent 'Old Town' with it's piazza, restaurants, cafes and reinvigorated harbour. Please call sole agents Miles & Barr seven days a week to arrange your internal viewings.
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows 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. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The 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 which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable
MATERIAL INFORMATION Length of lease : 99 years from 29th September 1989Annual ground rent amount : N/A Annual service charge amount : £1200 including ground rent
|Kitchen/Lounge||14' 8" x 13' 8" (4.47m x 4.17m)|
|Bedroom||11' 3" x 6' 9" (3.43m x 2.06m)|
|Bathroom||6' 4" x 6' 4" (1.93m x 1.93m)|