2 Bed Flat  For Sale  36 Francis Close   HITCHIN  Hertfordshire  SG4   - £140,000

For Sale
TENURE: Leasehold
CONTACT DETAILS: 
Reference: Quote Houseladder - HIT305660

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FOR SALE BY MODERN METHOD OF AUCTION: STARTING BID PRICE £140,000.

THIS PROPERTY IS FOR SALE BY CONNELLS ONLINE AUCTION POWERED BY IAMSOLD LTD.



Key Features 2 bedroom flatClose to schoolsWell presentedChain freeGarage en-bloc


Tenure Leasehold


Full Details test Description
A good size and smartly presented 2 bedroom 1st floor flat in the ever popular SG4 9 area of Hitchin. This property is ideal for an investor and is offered for sale with no onward chain. Francis Close is a quiet cul-de-sac within walking distance of great schools, the town centre and mainline train station.
Secure Communal Entrance
Stairs to first floor. There is a large secure storage room for each flat.
Entrance Hall
Door to front aspect, storage cupboard, entry phone system and laminate flooring.
Lounge 17' 6" x 10' 6" ( 5.33m x 3.20m )
Double glazed window to front aspect, television point, telephone point and laminate flooring.
Kitchen 11' 6" x 6' 2" ( 3.51m x 1.88m )
Double glazed window to front aspect, fully fitted kitchen comprising matching wall and base units, stainless steel sink and drainer, work tops with tiled splashbacks, electric oven with electric hob and cooker hood over, plumbing for washing machine, space for fridge freezer, airing cupboard and larder cupboard.
Bedroom One 11' 11" max x 11' 3" max ( 3.63m max x 3.43m max )
Double glazed window to rear aspect, built in wardrobes and storage heater.
Bedroom Two 11' 11" max x 9' 4" ( 3.63m max x 2.84m )
Double glazed window to rear aspect and built in wardrobe.
Bathroom
Double glazed window to side aspect, panelled bath with mixer taps and electric shower over, vanity wash hand basin, wc, partly tiled, heated towel rail and underfloor heating.
Garage En-Bloc
With up and over door.
Remarks
This property has a 52 year lease so please check with your lender if a mortgage is required. While this property is priced to take into account the short lease there is the potential for a potential buyer to extend this during the purchase transaction. The cost is £34,000 + legal expenses and will be paid for by the purchaser.
Auctioneers Comments
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, granting 56 days for completion with an aim to exchange contracts 28 days from the date the buyer's solicitor is in receipt of the draft contracts. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 4.2% to a minimum of £6000 (including VAT) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an 'Acknowledgement of Reservation' form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department.

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 Modern Method of Auction, which is operated by Connells Online Auction powered by IAM Sold. Reservation Fee is in addition to the final negotiated selling price.

TO VIEW OR MAKE A BID - Connells or visit: www.connellsonlineauctions.co.uk


These are for general guidance only. You are responsible to confirm accuracy by inspection.