Basement studio located in Newmarket town centre
Flat 1, Newmarket, CB8 0HZ
- 5
Key features
Guide Price: *
£82,000
Fees apply
Reservation fee:2.4% (min. £6,000)
All fees include VAT at 20%
Auction Type:
Conditional
Opening bid:
£82,000Bid history
0 bidsThis property is for sale via The Good Estate Agent Online Auction. For more information please visit www.goodpropertyauctions.co.uk followed by the 'online auction' tab. Auction ending Friday 14th April 2023
The Good estate agent is proud to present to the market this basement studio in a town centre location. This property is for sale via The Good Estate Agent Online Auction. For more information please visit www.goodpropertyauctions.co.uk followed by the 'online auction' tab. Auction ending Friday 14th April 2023
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Cloakroom - 6' 1" x 3' 0" (1.87m x 0.935m) - with newly fitted vinyl flooring, WC suite, vanity basin
Kitchen - 8' 4" x 5' 5" (2.550m x 1.654m) - with a range of modern units, inset stainkless steel sink, electric oven, electric hob, extractor unit, integrated fridge, extractor unit and laminate flooring
Storage cupboard - With shelving and space for washing machine
Studio area - 15' 0" x 11' 5" (4.588m x 3.486m) -with carpet flooring, window to front aspect, electric storage heater and recessed lighting
Shower room - with single shower cubicle, electric shower, vanity wash basin and vinyl flooring
Exterior - with use of the buildings communal courtyard area
Lease terms - 125 year lease starting 2nd January 2013. Ground rent is £110 per annum payable 6 monthly (1st April and 1st October). Service charge is £200 payable six monthly (1st Apri and 1st October).
Long lease
Ideal investment opportunity
Central location
Short stay attraction for Newmarket races.
Summary
- Auction end
- 14th Apr at 11:00
- Property type
- Residential
- Tenure
- Leasehold
- Bedrooms
- NaN
- Bathrooms
- 1
- Council tax band
- A
Summary
- Auction end
- 14th Apr at 11:00
- Property type
- Residential
- Tenure
- Leasehold
- Bedrooms
- NaN
- Bathrooms
- 1
- Council tax band
- A
This property is being sold by:

Good Property Auctions - Carl Ryan
07917 428441
Covering Ely and the surrounding areas
†Conditional auction
If the reserve is met or exceeded and the auction timer reaches zero, an exclusivity period begins in relation to that property. The successful bidder is contractually required to exchange on the property on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above). All properties sold by conditional auction are sold subject to a reservation fee which is clearly stated in the terms and conditions attached to the property and in the bidding box before a bid is placed. The reservation fee is payable in addition to the final purchase price and is received on a non-refundable basis, subject to the terms of the Reservation Agreement. To ensure that the successful bidder proceeds, the winning buyer is automatically charged a reservation fee and agrees prior to making their bid, to pay any outstanding amount of the property reservation fee immediately at the end of the auction. The auctioneer will be authorised to sign the reservation agreement on both the buyer’s and seller’s behalf. If by the seller’s act, exchange does not occur on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above), the reservation fee shall be fully refunded to the buyer. If the buyer fails to exchange on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above), they will forfeit the full amount of the reservation fee.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.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Good Property Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Good Property Auctions . All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.