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Penthouse, Hilltop House, Glen Iris Avenue, Canterbury, CT2 8HP

Guide Price
£295,000
Added on 17/02/2021
SDL Property Auctions -Timed Auctions, Nationwide
PROPERTY TYPE
Apartment
BEDROOMS
x3

Key features

  • Unique Penthouse Apartment
  • Fully fitted double/triple glazing under guarantee
  • Scope for redevelopment into 2 apartments, with plans available
  • Double garage
  • EPC Rating: C
  • Brand new roof terrace

Property description

FOR SALE BY UNCONDITIONAL ONLINE AUCTION.
On behalf of Bairstow Eves - Canterbury

Three Bedroom Penthouse Apartment

A unique opportunity to acquire a three double bedroom, two bathroom, 1400 sq ft apartment with views across the city of Canterbury.

Glen Iris Avenue can be found at the top of St Thomas Hill, and the communal buildings of Hilltop House are set in beautiful shared gardens. This Penthouse apartment has the most spectacular views over looking the entire historic cathedral city with a newly resurfaced rooftop garden stretching across the entire apartment to enjoy the sights all day long from the comfort of your own doorstep. The property is walking distance to the University of Kent and Canterbury City centre. Canterbury offers a wide array of shops, pubs and restaurants and has fantastic commuting services via train to Ashford International and London St. Pancras.

The Penthouse offers generous living accommodation with three double bedrooms, dressing room/fourth bedroom and two slate-tiled bathrooms, one of which has an en suite bathroom. The modern kitchen has potential for extension into a separate utility area. A large reception room forms an open plan lounge/dining room with the spectacular views overlooking the city. The property has solid wooden floors throughout.

The Penthouse can be found on the second floor and has the added benefit of a double garage. The property has gas fired central heating, double glazing and is offered with no chain. The property is leasehold and therefore lease, ground rent and service charges can be confirmed via solicitors, along with plans for redevelopment into two separate apartments.


Tenure
Leasehold

Auction Method

Auction Method:
The auction for this property will be conducted online through our online-bidding platform. This is a "Timed Auction", so there are no other lots being sold alongside this property.
The timeslot for the auction is displayed on SDL Auctions’ website. To view this, search for the property on their website. Then click onto the property to view the property details. The time remaining to bid and end date of the auction is displayed on the page.
You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.
When you place your bid, you are deemed to have agreed to SDL Auctions' Buyers Terms (England & Wales) which are available on SDL Auctions website.


Auction type - Unconditional with Variable Fee

If you are the highest bidder, you must exchange legally binding contracts for the sale when the auction for the property comes to an end. You must then pay the applicable fees and deposit. You must complete the sale within 20 business days unless the Special Conditions of Sale contained within the Legal Pack state otherwise.


Auction Fees

The following non-refundable fees apply:
• Buyer’s Fee - payable on exchange of contracts. This is calculated as a percentage of the actual purchase price of the property. Either:
(a) 4.8% (including VAT) of the purchase price, for properties up to and including £250,000
(b) 3.6% (including VAT) of the purchase price for properties sold for over £250,000
The Buyer's Fee is subject always to a minimum of £6,000 (including VAT). The Buyer's Fee does not contribute to the purchase price.


Deposit

On exchange of contracts, you must pay a non-refundable deposit equal to 5% of the actual purchase price of the property, subject to a minimum of £5,000. The deposit contributes towards the purchase price.


Payment Method

When you register to bid, you will be prompted to provide your payment details to SDL Auctions. In the event that you are the winning bidder, your card will automatically be charged a proportion of the Buyer's Fee & Deposit. The payment will be calculated based on the guide price of the property, in line with the fee scale described above. Where the actual purchase price is higher than the guide price, you will be required to pay the difference immediately after the end of the auction, which can be paid by debit card or bank transfer. Payment by cash or cheque will not be accepted.
Example: You win the bid on a property with a guide price of £150,000, but the actual purchase price is £170,000. At this point your bid is successful you will be charged as follows:
• Buyer’s Fee of £7,200 - 4.8% of guide price
• Deposit of £7,500 - 5% of the guide price
As the actual purchase price amounted to £170,000, after the auction, you will be required to pay the following additional amounts on top of the initial payment:
• £960 for Buyer’s Fee shortfall (£8160 due as 4.8% of actual purchase price)
• £1,000 for Deposit shortfall (£8500 due as 5% of actual purchase price)


Legal Pack

Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.
To view the legal pack, first search for the property on SDL Auctions’ website and click onto the property to view the property details. There will be a sub-heading "Legal Documents". Underneath this, you will be prompted to "Log in to view the legal documents”. Follow this link, you will then be directed to create an account with Auction Passport to view the documents.
The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.
It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.


Special Conditions of Sale

The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of SDL Auctions' terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.


Registration Process

To register to bid on the property, search for the lot on SDL Auctions website. Click onto the property, follow the link to "Log in/register to bid" , and you will then be directed to create an account with the online-bidding platform provider, EIG.

Penthouse, Hilltop House, Glen Iris Avenue, Canterbury, CT2 8HP

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Canterbury West Station0.8 miles
  • Canterbury East Station1.3 miles
  • Sturry Station2.8 miles
Mortgages
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Market information
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About the agent

SDL Property Auctions -Timed Auctions, Nationwide

9 Regan Way, Chilwell, Nottingham, NG9 6RZ

SDL Property Auctions -Timed Auctions, Nationwide

SDL Property Auctions is the UK’s most successful live streamed auctioneer, selling hundreds of lots every month in our National Property Auctions and daily Timed Auctions.

At SDL Property Auctions we pride ourselves on being national auctioneers with a personal service, delighting our customers with great results every single month.

We sell a wide range of residential and commercial properties for both private individuals and corporate clients ranging from investment properties,

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Disclaimer - Property reference gp_partners_1442512_20418. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by SDL Property Auctions -Timed Auctions, Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Nationwide on 03452 220197.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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