Property details
For Sale by Conditional AuctionOver 60's retirement apartment on the second floor in the popular Homewelland House development located just to the north of the town centre, conveniently situated for local amenities and shops.
The property offers comfortable retirement living. Having a communal entrance with either stairs or a lift giving access to the second floor. Entrance hall, living room, kitchen, bedroom with dressing area and shower room.
Visiting management staff (House manager works 9 am - 4 pm (Mon-Thurs). 24-hour emergency call response service via pull cord or push button. Other facilities include a communal lounge, laundry, guest facilities, and gardens. There are also frequent social activities for residents.
The head lease does permit underletting the entire property provided the tenants are over the age of 60. Full details can be found in the Lease which is available in the Legal Pack.
The property is in a popular location in Market Harborough. The town offers a range of excellent shops, cafes, and supermarket facilities. The nearby railway station has mainline services to London St Pancras in approximately an hour. The M1 is accessible at junction 20, Lutterworth, and the A14 lies to the south.
Auction Terms
The property will, unless previously withdrawn, be sold subject to the Special and General Conditions of Sale, which have been settled by the Vendor’s Solicitor and are contained within the Auction Legal Pack. This pack is available to download to registered bidders. Please contact the Auction Department for details on how to register to bid. The purchaser shall be deemed to bid on those terms whether they have inspected the Conditions or not.
The sale of this property will take place on the stated date by way of an online conditional auction and is being sold with a Fixed Fee. If you are a successful buyer, you will enter a Reservation Contract with the Seller and agree to Exchange and Complete within 56 days. If you are planning to purchase with finance, please ensure you inspect and consider the property carefully with your lender before bidding. At the end of the auction, to reserve the property, the Buyer will pay a Reservation Fee.
Some sellers may consider a pre-auction offer, and the Lot may be sold before the auction.
Auction Fees
The following deposits and non-refundable auctioneer’s fees apply:
• Buyer’s Reservation Fee of 3.6% of the purchase price including VAT, subject to a minimum of £4,500.00 plus VAT (£5,400 inc VAT).
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.
Guide Price & Reserve Price
The guide price offers an indication of the price below which the vendor is not willing to sell. It is not necessarily the exact final sale price and is subject to change prior to and up until the day of the auction. Any change in the guide price will reflect a change in the reserve (a figure below which the auctioneer will not be able to sell). The reserve can be expected to be set within the guide range or not more than 10% above a single-figure guide. (RICS Common Auction Conditions 4th Edition).
Plans
Plans shown are for identification purposes only.
Services
The agent understands that mains water, drainage, and electricity are connected to the property. We have not been able to verify this information with the vendor and buyers are to make their own enquiries to confirm the connected services.
Directions
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Tenure and Possession
The property is Leasehold for 99 years from 10 December 1986, meaning there are currently 62 years remaining. The current service charge amounts to £1751.88 per half year, which includes maintenance of the common parts and garden. The current ground rent is £243.99 per half year. As a conditional auction, the buyer must complete their purchase within the Reservation Period of 56 days post-auction.
Bidder Registration and Auction Legal Pack
Following your viewing, we are delighted to invite you to register with our Auction Passport service, please go to:
online.sheldonbosleyknight.co.uk
Once you have registered, you will be authorised to bid. You will also be able to download the Auction Legal Pack. If you register before the Auction Legal Pack has been completed by the sellers solicitor, you will be automatically notified once it has been uploaded.
The Auction Passport requires you to put the details of your solicitor. If you would like to use our own preferred solicitors, please select ‘preferred solicitor’, and we will generate a quote for you.
If this is the first time you have accessed Auction Passport, just press the green button on the left-hand side ‘Click here to sign up for free' to create a new account. Following your initial registration, you will receive an SMS from LexisNexis, a company we use to verify ID and conduct an anti-money laundering check. Please click on the link within the SMS, and follow the instructions to complete the check.
Legal Documents & Additional Costs
It is essential bidders check the legal documents prior to bidding and take professional advice. Special conditions of sale can contain additional costs (that is costs over and above the price the lot is ‘knocked down’ at) and bidders are deemed to be aware of any additional costs prior to bidding.
Viewings
All viewings are by appointment only through the Auction Department
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Property location
Property Floorplan
