For sale by modern method of auction starting bid £90,000 plus reservation fee, Need a mortgage? 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, but grant 28 days to achieve exchange of contracts from the date the buyer s solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. 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 2.5% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) 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 form 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 South West Property Auction powered by I am-sold Ltd. Reservation Fee is in addition to the final negotiated selling price.
This basement apartment in The Polygon is truly unique. Not only offering an approximate 160 year lease but with the current owners have spent time and money modernising this apartment to include a stylish matte grey kitchen, modern fitted shower room and neutral decor. With open plan style living area and two bedrooms this apartment would be ideal for first time buyers and investors alike. Situated within walking distance of the city centre and the vibrant Bedford place this property couldn't be better located. Offering no forward chain the home could be yours sooner than you think, arrange your viewing now. A copy of the EPC will be available on request. EPC Grade E.
Close to West Quay retail park, Southampton Mainline Train Station with access to London and vibrant Oxford Street with bars and restaurants the area offers everything you would need for city centre living.
*A must view property* With smooth walls, modern decor and open plan living this bijou apartment offers contemporary living for those wanting to get on the property ladder or invest in a great location.
Important note to purchasers:
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.