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BID TO PURCHASE

Rayleigh Close, Colchester

Guide Price
£105,000

Last updated bid: No bids fees applyLast updated 13/06/2021 at 22:00

Auction time left: 9 days

Reduced on 12/04/2021
William H. Brown, Colchester St Johns
PROPERTY TYPE
Ground Flat
BEDROOMS
x2
BATHROOMS
x1

Key features

  • Sale by Modern Auction (T&Cs apply)
  • Subject to an undisclosed Reserve Price
  • Buyers fees apply
  • Two Bedroom Ground Floor Maisonette
  • 45 Years Remaining on the Lease (Dec 2020)
  • Front, Side and Rear Gardens
  • Allocated Parking Space

Property description

Tenure: Leasehold


SUMMARY
This excellent *GROUND FLOOR MAISONETTE* provides *SPACIOUS ACCOMMODATION* with *GARDENS TO THE FRONT, SIDE AND REAR*. Situated in a *POPULAR CUL-DE-SAC* the property is convenient for *VARIOUS SHOPS*, local schools and *A12/A120*.


DESCRIPTION
'

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing 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 of 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This 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 complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Entrance 
The property is entered via the part obscure double glazed side door leading to:

Hallway 
Built-in under-stairs cupboard (housing the gas and electric meters), radiator and doors leading to;

Bedroom One 15' x 11' 8" max ( 4.57m x 3.56m max )
Double glazed window to the front aspect and a radiator.

Bedroom Two 11' 9" x 9' ( 3.58m x 2.74m )
Double glazed window to the front aspect and a radiator.

Bathroom 
Obscure double glazed window to the side aspect, enclosed panel bath with mixer tap, wash hand basin, radiator and part tiled walls.

Separate Wc 
Obscure double glazed window to the side aspect, low level WC and a radiator.

Lounge 16' 9" x 12' 5" max ( 5.11m x 3.78m max )
Double glazed French style doors opening onto the rear garden, double glazed window to the rear aspect and a radiator.

Kitchen 8' 6" x 8' 5" max ( 2.59m x 2.57m max )
Part obscure double glazed door to the side garden area, double glazed window to the rear aspect, single sink and drainer with mixer tap, wall and floor mounted cupboards and drawers, gas cooker point, plumbing for a washing machine, built-in cupboard (housing the 'Glow Worm' boiler) and part tiled walls.

Front, Side And Rear Gardens 
The front and rear garden areas are mainly laid to lawn with a wooden shed to the rear. The side garden area is manly paved.

Allocated Parking  
There is an allocated parking space providing off road parking situated in the shared parking area adjacent to the property.

Agents Notes 
Please note:-
The vendor has advised the following:-

1. The lease extension for 125 years is an estimated cost of £32,900 with additional cost & charges.

2. The lease extension for 99 years is an estimated cost of £30,400 with additional cost & charges.

THESE ESTIMATES WERE ISSUED ON THE 10TH NOVEMBER 2020 & 11TH NOVEMBER 2020 AND ARE SUBJECT TO CHANGE.
(The estimates have been provided by the vendor of the property, not William h brown).

For further information about the costs & charges please contact the branch.


We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Brochures

PDF Property ParticularsFull Details

Energy Performance Certificates

EPC
Bidding on this property
Online Conditional Auction: Did you know?
  • You can view this property before you bid
  • You can buy with a mortgage
  • This property is chain free
  • A Buyer Information Pack containing legal documents is available before bidding
  • A non-refundable reservation fee is payable by the buyer.
  • If you’re interested in this property:
    Read ourAuctions Buying GuideorContact the agent who can run you through the whole processRequest details

    Rayleigh Close, Colchester

    NEAREST STATIONS

    Distances are straight line measurements from the centre of the postcode
    • Colchester Town Station0.9 miles
    • Hythe Station1.0 miles
    • Colchester Station1.1 miles
    Mortgages
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    About the agent

    William H. Brown, Colchester St Johns

    42a St. Christopher Road Colchester CO4 0NA

    William H. Brown, Colchester St Johns

    Choose your local Colchester St Johns William H Brown office…

    We’re a long-established estate agency brand; in fact William H Brown has been trading since 1890, so you can trust we are experts in our field. If you need a little more convincing here’s a few more reasons to choose William H Brown as your estate agent…

    >> Your local William H Brown team in Colchester St Johns

    Our team know the area and the marketplace. Most of our staff members live in the surrounding areas so

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    Industry affiliations

    Association of Residential Letting AgentsNational Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)

    Stamp Duty calculator

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    Disclaimer - Property reference CSJ107225. 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 William H. Brown, Colchester St Johns. 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 Colchester St Johns on 01206 916041.

    *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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