Coopers Yard, Hitchin, SG5

A stunning 2 bedroom, 2 bathroom apartment in the highly coveted Coopers Yard development, offering the perfect blend of contemporary design, unbeatable location, and strong investment potential. Boasting a premier location with a 1-minute walk to Hitchin High Street, lined with boutique shops, award-winning restaurants, cafés, and bars. Waitrose and other major retailers are just around the corner. The apartment has modern interiors, high-end fittings, and a freshly maintained finish. With a short walk to the station with excellent links to London including King’s Cross, this property would be perfect for those that commute to London and Cambridge. Ideally located in Hitchin town centre, this apartment is situated in a lovely block on the first floor. The property offers modern and spacious accommodation, oak wood flooring and neutral décor for a warm, modern feel throughout. It boasts South facing floor-to-ceiling windows flooding the space with natural light enhancing the spacious, open-plan layout. The living and kitchen area flows effortlessly, making it perfect for entertaining or relaxing and has large French doors offering access out to the private balcony. With two large double bedrooms, the principle bedroom features a private modern en-suite. With a second family bathroom that has been recently updated complete with a full size bathtub. The second bedroom is ideal for guests, a nursery, or a home office. The property also has an allocated parking space in a secure underground car park with lift.

We have been informed by the vendor that the remaining lease on the property is 109 years. (125 Years from 1 January 2009) With a Ground Rent of approx. £300 per annum and a Service Charge of approx. £983 every 6 months.

Material information: The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due dillegence.

Tenure: LEASEHOLD Energy Efficiency Rating - Current 72 Energy Efficiency Rating - Potential 83

Opening Bid and Reserve Price: This Property is subject to an undisclosed Reserve Price which in general will not be 10% more than the Opening Bid. The Reserve Price and Opening Bid can be subject to change. The Online Auction terms and conditions apply.

This property is offered for sale via 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 exchange and complete the transaction from the date the Draft Contract is issued by the sellers solicitor. By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative. The buyer will be required to give the Auctioneer authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auctioneer. 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 Buyer's Premium of £10,368 including VAT, plus a buyer's administration charge of £396 including VAT, a total of £10,764. This secures the transaction and takes the property off the market. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website. The Buyer's Premium and buyer's administration charge are in addition to the final negotiated selling price. All buyers will be required to verify their identity and provide proof of how the purchase will be funded.

Buyer's Administration Charge: If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay £396 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.

Buyer Fees: There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as: You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.

Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.