1 Bedroom Flat, Ringstead Road, Sutton, SM1

Being Sold via Secure Sale online bidding. Terms & Conditions Apply. Starting Bid £185,000.00

This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.

- No Onward Chain - 1 Bedroom - 1st Floor - Garage - Conveniently Located

Conveniently located, this lovely one double bedroom apartment comes to market with no chain and is situated on the first floor of a purpose built block. 

Offering a large lounge/diner, a good sized double bedroom, bathroom and kitchen, this fabulous property is bright and spacious and benefits from neutral decor throughout.  Sutton Town Centre and Rail Station are within walking distance and the area benefts from numerous bus links and easy access to shops, restaurants and amenities.  This property also offers a garage en bloc (currently being refurbished) and a parking space to the rear. 

This is a fantastic property, ideal for first time buyers or investors (would rent for circa £14k to £15k per annum). Early viewing is highly recommended.

EPC Rating: C

Material Information Provided by Sellers:

Council Tax Band: C currently £1,925.49 per annum

Service Charge: £3,600 per annum approx

Ground Rent: £15.75 per annum

Tenure: Leasehold, approx 145 years remaining

Construction: Brick and Block

Water: direct mains and sewerage.

Broadband: Cable, Good

Mobile Signal/Coverage: Good

Electricity Source: National Grid

Heating: Gas Central Heating

Building Safety: No issues to sellers knowledge

Planning Permission: N/A

Here to deliver a personal service that surpasses others, our family business is built on a solid foundation of outstanding customer service. We exist to make the moving process stress free and smooth for all parties involved. A vast majority of our business comes via referrals and recommendations from happy sellers, buyers, tenants and landlords and as such we are confident that you will love our service as much as others before you have. We love what we do, and it shows.  Your property is safe with us, we are a member of the The Property Ombudsman Scheme and the Propertymark Client Money Protection Scheme.  Our landlord and tenant fees can be found on sachascott.com

Pattinson Auction are working in Partnership with Sacha Scott on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via Sacha Scott or The Auctioneer. Bids can be made via Sacha Scott or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both Sacha Scott and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law. 

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’, and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’. 

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both Sacha Scott and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.