1 BED Retirement property For sale

High Street, Market Harborough

£37,500

1 1

Enquire about this property
01789 387887

Property details

This Lot is now available post-auction. If you would like to submit a post-auction offer, please contact the auction department.

Over 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The property will unless previously withdrawn, be sold subject to the Special and General Conditions of Sale, which have been settled by the Vendor’s Solicitor and are contained within the Auction Legal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. The conditions may also be inspected in the Sale Room at the time of the sale but they will not then be read. The purchaser shall be deemed to bid on those terms whether he shall have inspected the Conditions or not.

The sale of this property will take place on the stated date by way of a live, in-room auction and is being sold as Unconditional with a Fixed Fee. Some sellers may consider a pre-auction offer, and the Lot may be sold or withdrawn before the auction.

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



Auction Fees



The following deposits and non-refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Premium of £1320 inc. VAT

There may be additional costs listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. These additional costs will be payable to the seller’s solicitor on Completion. 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. Vacant possession will be given upon completion which is normally 20 working days after the auction. Please refer to the Legal Pack for further details.



Bidder Registration and Auction Legal Pack



If you would like to register to bid, please head to the following link: passport.eigroup.co.uk/bidder-registration/sheldon-bosley-knight/

You can opt to bid in person, online, by telephone or by proxy. You will also be able to download the Auction Legal Pack for the Lot you are interested in here: auctioneertemplates.eigroup.co.uk/guides.aspx?a=1236&c=sbk

The Auction Passport requires you to input the details of your solicitor. If you would like to use our own preferred solicitors, please let us know and I will arrange for a quote to be sent to 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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