Apartment 12 Dobsons Quay, The Wharf, Newark, Nottinghamshire, NG24 1EU
- Conditional Online Auction Sale
- Bedrooms: 2
Description
NO UPWARD CHAIN!!
CENTRAL NEWARK LOCATION!!
ALLOCATED PARKING!!
TWO BEDROOMS!!
Located in the Dobsons Quay building, this gorgeous, top floor apartment is ideal as a buy to let investment, or equally a lovely home! The current owner no longer lives there so there is no upward chain and a quick turnaround can be ensured.
The period nature of the building means there are LOTS of stunning windows which flood the space with natural light, as well as giving incredible views of the River, the Castle, and the space beyond, all framed by these fabulous windows.
Being in the centre of Newark, it is ideal for access to the train (into London particularly) as well as the many boutique-style shops, cafes and restaurants etc.
The property itself has the benefit of a double height kitchen/dining/living space which is a perfect space for entertaining friends and family, assuming you can peel them away from the window views. There are two good size bedrooms with the main one being on the upper level looking out over the ground floor space. There is a modern and stylish shower room with shower enclosure, dual shower, wash basin and WC.
The building benefits from a lift so you don't have to deal with the stairs after a long day, or with all of your shopping. Maybe use the stairs on the days you need to get your steps up.
It will be impossible NOT to fall in love with the character and charm that oozes from this property so book your viewing now!
Sales Criteria - Being Sold by GOTO Online Auction
Starting Bids from: £140,000
Buy it now option available
Please call or visit Online Auctions for more information.
This property is for sale by Online Auction. The Online 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 of £6,954. 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.
All enquiries on this property are passed to our auction partner, GoTo, including your details.
Tenure
LEASEHOLD
Energy Efficiency Rating - Current
58
Energy Efficiency Rating - Potential
75
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.
Comments
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 £6,582 including VAT, plus a buyer's administration charge of £372 including VAT, a total of £6,954. 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 £372 (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.
Energy Performance Certificate(EPCs)
An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines.Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient.The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method.EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type.The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared.During this period the EPC may be made available to buyers or new tenants.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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