1 bed Retirement Property (Leasehold)

Presenting to you a unique opportunity to acquire a retirement flat, specifically designed for those aged 60 and over. This property, available for sale, is a distinctive blend of a retirement home and a flat, offering the best of both worlds.
The property is in need of modernisation, presenting an excellent opportunity to personalise and make the space your own. Comprising of one generous reception room, it provides a great area for relaxation or socializing. The property also includes a kitchen, which, like the rest of the home, holds potential for updates to suit your personal taste and requirements.
The flat offers one well-proportioned bedroom which promises comfort and tranquillity. Furthermore, there is a bathroom, offering all necessary amenities. The property's inherent charm and potential, combined with its exclusive nature as a retirement flat, make it a truly unique find.
In terms of efficiency, the flat has an EPC rating of B, indicating a high level of energy efficiency, which can result in lower utility bills. The property falls under council tax band B, providing an indication of the yearly council tax costs.
This property is truly a diamond in the rough, waiting for the right owner to bring it to life. Perfect for those over 60's looking for a home that they can tailor to their own style while enjoying the benefits of a retirement community.
Auctioneer comments
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.The buyer signs a Reservation Agreement and makes payment of a non-refundable Part Payment Deposit of 4.5% of the purchase price, subject to a minimum of £6,600.00. This is paid to reserve the property to the buyer during the Reservation Period and is used as part-payment towards the purchase price. This is considered within calculations for Stamp Duty Land Tax.Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.