Victoria Street, Newark, NG24

Guide Price
£130,000
Reduced on 10/11/2020
Purplebricks, covering Central England
PROPERTY TYPE
Apartment
BEDROOMS
x2
BATHROOMS
x1

Key features

  • Being Sold By Online Auction
  • Buy-It-Now Option Available
  • First Floor Apartment
  • Two Double Bedrooms
  • No Upward Chain
  • Open Plan Lounge / Diner With Vaulted Ceiling
  • Newly Installed Bathroom, Carpets & Redecorated
  • Beamed Ceilings, Exposed Brickwork
  • Security Entry System
  • Walking Distance To Newark Town Centre

Property description

Tenure: Leasehold, 83 years remaining

The Property
Being Sold by Online Auctions

Starting Bids from: £130,000

Buy it now option available

Please call or visit Online Auctions for more information.

This property is for sale by Modern Method of Auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been issued by the vendors solicitor. Allowing the additional time to exchange and complete 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 with be required to put down a non-refundable reservation fee. The fee will be a fixed fee including the Vat, this secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.

Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.

To book a viewing visit Online Auctions.


General Information
Auctioneer's Comments

This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be sort.

The Buyer’s Premium 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 a 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 Info Pack which can be downloaded for free from our website or requested from our Auction Department.

Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyers Premium of £5,400 including VAT plus an administration charge of £354 including VAT, a total of £5,754. This secures the transaction and takes the property off the market.

The Buyer’s Premium and administration charge are in addition to the final negotiated selling price.


Property Description
A stunning, contemporary two double bedroom first floor apartment situated in a converted chapel within walking distance to Newark Town Centre. Newark is a historic market town with a wealth of shops, restaurants and local amenities. There are two train stations within 15 minutes walk, one having the high speed rail link to London Kings Cross in just over an hour.

Access via a double, wooden church door with security entry system into the vestibule with stairs rising to the first floor apartment. There is an entrance hall with lounge and bathroom off. The open plan living dining area has Cathedral Style windows to the front elevation with heritage double glazing, exposed brick faced walls, wooden floors and a stunning vaulted ceiling. This area opens up into the kitchen. The kitchen has various units, a circular sink, breakfast bar, mirrored wall splash back, integrated oven and hob, plumbing for washing machine and dishwasher and a cupboard housing the boiler. Back into the entrance hall is the large, newly fitted bathroom with 3 piece suite, bath with Victorian style shower over and Victorian style heated towel rail and an airing cupboard.

Stairs to the first floor lead to the two double bedrooms. The landing houses the loft access which is partially boarded with a pull down ladder. Bedroom one has a double glazed velux window, under eaves hanging storage area, radiator, exposed beams and a glass block window overlooking the living room. Bedroom two also has exposed beams, a velux window and glass block window overlooking the living area.

The property has been professionally decorated throughout, new carpets to the first floor, newly fitted bathroom and Heritage Double Glazing with lifetime guarantee. Original features include exposed beams, Cathedral Style Windows and hand made internal doors.

There is no upward chain.

There is permit parking available though Newark & Sherwood District Council.

Disclaimer for virtual viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.

If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.

Brochures

Brochure

Energy Performance Certificates

epc

Victoria Street, Newark, NG24

NEAREST STATIONSDistances are straight line measurements from the centre of the postcode

  • Newark Castle Station0.5 miles
  • Newark North Gate Station0.8 miles
  • Rolleston Station3.6 miles
Mortgages
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Market information
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About the agent

Purplebricks, covering Central England

Suite 7, First Floor, Cranmore Drive, Shirley, Solihull, B90 4RZ

Purplebricks, covering Central England

Purplebricks is one of the UK's largest estate agents. We're proud to say we've revolutionised the way people buy, sell and let property across the globe, by making it fairer, more transparent and convenient. We combine the personal touch of Local Property Experts with cutting edge technology and a central support team that puts the customer in control of their sale. And best of all, there's no commission with Purplebricks. We always charge a fair, fixed fee.

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Disclaimer - Property reference 958942-1. 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 Purplebricks, covering Central England. 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 covering Central England on 0121 396 0865.

*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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