- Years remaining: 954 years
- Current ground rent: £30
- Ground rent review period: Contact branch
- Annual service charge: £1,100
- Ground rent increase: Contact branch
Council Tax Band: C
Tenure: Leasehold
Entry to the building is via a secure communal entrance operating an intercom system. Once inside the flat you are greeted by a spacious hallway equipped with two storage cupboards, airing cupboard and doors to all rooms.
The living room is positioned at the front of the flat with dual aspect windows making the most of the southerly orientation and surrounding gardens and has plenty of space for both living room and dining room furniture.
The kitchen is fitted with base and wall units, work surfaces, sink and drainer, tiled splashbacks, integrated oven and space for appliances. The two bedrooms are both well-proportioned doubles and feature built-in wardrobes. The bathroom comprises of a bath and electric shower, pedestal wash basin and full tiling, there is also a separate toilet.
Set around Melbury Court are well-kept lawned gardens. There is residents parking spaces and a single garage positioned in a block to the rear.
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 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 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.
Lounge
18' 1" x 14' max ( 5.51m x 4.27m max )Kitchen
11' 4" x 7' 3" ( 3.45m x 2.21m )Bedroom One
14' 4" x 10' 1" ( 4.37m x 3.07m )Bedroom Two
11' 11" max x 10' 11" max ( 3.63m max x 3.33m max )Bathroom
Separate Wc
Additional Information
Lease 999 yearsService Charge £1,1,00pa
Ground Rent £30pa
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Mortgage enquiry
SOUTHAMPTON
Hampshire
SO15 2AG
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.
A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.
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