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£63,000

Gibson Court, Regarth Avenue, Romford, RM1

  • 1 bed
Flat
Under offer/SSTC

£63,000

  • 1 bed
Flat
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Estimate monthly mortgage payment:

£288 per month

Minimum deposit amount:

£3,150
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CHAIN FREE RETIREMENT FLAT

Andrews are pleased to offer this purpose built 3rd floor, one bedroom retirement flat.

0.1 miles to local amenities, town centre & station The property is available for OVER 60's. With double glazed windows throughout and electric heating. The complex is gated and benefits from communal gardens.

Lease Remaining - 80 years
Service Charge - ?2600pa
Ground Rent - ?130pa

Auctioneer Comments
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 Limited.

***MODERN METHOD OF AUCTION***

The communal gardens have patio areas with benches whilst also boasting a lawn area with a combination of trees and flowering plants. The property has a carpeted bedroom and lounge. There is a separate kitchen area and loft access.

The development benefits from a communal social & kitchen area, a Guest Suite with en suite bathroom that can be booked by those who wish to stay nearby to residents of Gibson House, an on-site warden between the hours of 9am & 5pm, emergency pull cords in each apartment, parking facilities and maintained gardens.

As this is a leasehold property you are likely to be responsible for management charges and ground rent. You may also incur fees for items such as leasehold packs and in addition you will also need to check the remaining length of the lease. You must therefore consult with your legal representative on these matters at the earliest opportunity before making a decision to purchase.?

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 Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable 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 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.

Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Bedroom 12'69 X 8'24

Textured ceiling, X2 double glazed windows

Lounge 13'94 X 10'37

Texture ceiling, double glazed window, electric heater door leading to kitchen.

Kitchen 7'01 X 10'8

Textured ceiling, double glazed window, eye and base level units with worktops over, free standing over and hob, sink with mixer taps

Bathroom 7'62 X 6.02

Textured ceiling, partly tiled, extractor fan, bath, low level WC, sink with mixer taps, hand rails,

Hall    Loft hatch, textured ceiling, cupboard, doors to living areas

Communal gardens    Grass areas, benchs, communal parking



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Your estimated purchase costs

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£0
Mortgage and legal costs:
£999
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Property details

£63,000

1 bed flat for sale

Gibson Court, Regarth Avenue, Romford, RM1
CHAIN FREE RETIREMENT FLAT

Andrews are pleased to offer this purpose built 3rd floor, one bedroom retirement flat.

0.1 miles to local amenities, town centre & station The property is available for OVER 60's. With double glazed windows throughout and electric heating. The complex is gated and benefits from communal gardens.

Lease Remaining - 80 years
Service Charge - ?2600pa
Ground Rent - ?130pa

Auctioneer Comments
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 Limited.

***MODERN METHOD OF AUCTION***

The communal gardens have patio areas with benches whilst also boasting a lawn area with a combination of trees and flowering plants. The property has a carpeted bedroom and lounge. There is a separate kitchen area and loft access.

The development benefits from a communal social & kitchen area, a Guest Suite with en suite bathroom that can be booked by those who wish to stay nearby to residents of Gibson House, an on-site warden between the hours of 9am & 5pm, emergency pull cords in each apartment, parking facilities and maintained gardens.

As this is a leasehold property you are likely to be responsible for management charges and ground rent. You may also incur fees for items such as leasehold packs and in addition you will also need to check the remaining length of the lease. You must therefore consult with your legal representative on these matters at the earliest opportunity before making a decision to purchase.?

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 Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable 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 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.

Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Bedroom 12'69 X 8'24

Textured ceiling, X2 double glazed windows

Lounge 13'94 X 10'37

Texture ceiling, double glazed window, electric heater door leading to kitchen.

Kitchen 7'01 X 10'8

Textured ceiling, double glazed window, eye and base level units with worktops over, free standing over and hob, sink with mixer taps

Bathroom 7'62 X 6.02

Textured ceiling, partly tiled, extractor fan, bath, low level WC, sink with mixer taps, hand rails,

Hall    Loft hatch, textured ceiling, cupboard, doors to living areas

Communal gardens    Grass areas, benchs, communal parking