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Standen Court, Downscroft, Steyning, West Sussex, BN44

Guide Price
£190,000
Added on 20/08/2021
King & Chasemore, Steyning
PROPERTY TYPE
Maisonette
BEDROOMS
×2
BATHROOMS
×1
SIZE
554 sq. ft.
(51 sq. m.)

Key features

  • Fantastic Two Bedroom Ground Floor Maisonette
  • Garage En-Bloc, Just Over 60 Years Left On The Lease
  • Quotation Of £33,000 To Extend The Lease 27th July 2021
  • Spacious Living Room
  • Kitchen & Bathroom Need Replacing
  • Double Glazed & Gas Heated
  • In Need Of Cosmetic Decorating
  • Contact Our Sales Team To Arrange A Viewing
  • Viewing Will Be At Specific Times At The Agents Discretion
  • Contact Our Friendly Sales Team To Register Your Interest

Property description

Tenure: Leasehold

***FOR SALE VIA AUCTION****Auction date to be confirmed.
King & Chasemore in partnership with SDL Property Auctions are pleased to present for sale this excellent two bedroom ground floor maisonette in sought-after location. Stand out features include a spacious living room and good sized bedrooms. The accommodation comprises two bedrooms, living room, kitchen and bathroom. Further benefits include double glazed windows and door, gas heating to radiators with recently installed new boiler (Dec 2020), a garage en-bloc and all set in lawned communal gardens. Downscroft is a pleasant no through road adjacent to Hyde Street Green located in Upper Beeding, which is situated at the foot of the South Downs National Park. The property (which would benefit from some modernisation) is leasehold and there is currently just over 60 years left on the lease. The seller received a written quotation of £33,000 from the managing agents to extend the lease by 90 years as of 27th July 2021. A cash purchaser is required for this auction property.

Terms:
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!

Welcome to Upper Beeding a lovely village in the Horsham district of West Sussex nestled in an area of outstanding natural beauty within the South Downs National Park. The main attractions to the area are the beautiful river and down land walks, and you are a short car journey to local beaches. Excellent local schooling is provided by Upper Beeding Primary School and Steyning Grammar. There are also fantastic travel links to London and Brighton via car and there are train stations at Shoreham-By-Sea, Lancing and Southwick. The village boasts two pubs The Rising Sun and The Kings Head and a parade of useful local shops at Hyde Square. There are 1545 households in the village of all different shapes and sizes ranging from apartments to Country Homes and Period to modern homes!

Brochures

Particulars
Energy Performance Certificates

Standen Court, Downscroft, Steyning, West Sussex, BN44

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Shoreham-by-Sea Station3.5 miles
  • Lancing Station3.9 miles
  • Southwick Station4.3 miles
Mortgages
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Market information
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About the agent

King & Chasemore, Steyning

29 High Street, Steyning, West Sussex, BN44 3YE

KING AND CHASEMORE

King & Chasemore has been established since 1840, serving the counties of Sussex. Our combination of professional expertise, experience and a detailed knowledge of the local market place ensures a high level of client service and our office network ensures maximum coverage for your property.

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Disclaimer - Property reference KSG210133. 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 King & Chasemore, Steyning. 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 King & Chasemore, Steyning on 01903 443028.

*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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