Whitsed Street: Eastfield, PE1 5ED

BEING SOLD VIA SECURE SALE ONLINE BIDDING. TERMS & CONDITIONS APPLY.

STARTING BID: £50,000 WHITSED STREET connects Whalley Street with Padholme Road and forms part of an established residential area within walking distance of the city centre, several schools and Central Park.

THIS ONE BEDROOM FIRST FLOOR FLAT is believed to have been built in the 1980s and forms part of a purpose-built brick and tiled block.

ENERGY PERFORMANCE CERTIFICATE A copy of the full Energy Performance Certificate is available for inspection at our office.

SERVICES It is understood that all mains services, other than gas are either connected, or are available for connection to the property. COUNCIL TAX Band ''A” payable to Peterborough City Council.

THE ACCOMMODATION is as follows (N.B. All dimensions are approximate) :- GROUND FLOOR Communal Entrance: Stairs to first floor.

THE FLAT Entrance Hall: 9' 11” x 2' 10” (3.02m x 0.86m), excluding two built-in storage cupboards, (one housing hot water tank with immersion heater).

uPVC entrance door with obscured double glazed top panel. Intercom entry phone. Fitted carpet. “Haverland” electric heater.

Open-plan Lounge/Kitchen: Lounge Area: 10' 10” x 8' 3” (3.30m x 2.52m) narrowing to 7' 2” (2.18m). uPVC double glazed window with south aspect. Fitted carpet. “Creda” electric heater. TV point.

Kitchen Area: 10' (3.05m) max. x 7' 2” (2.18m) max. uPVC double glazed window with north aspect. Walls part tiled. Vinyl flooring.

Worktops with inset stainless-steel sink and with drawers and cupboards under. Matching wall-mounted cupboards. Breakfast bar. Electric cooker point. Plumbing for washing machine.

“Greenwood Airvac” extractor fan. Bedroom: 10' 8” x 7' 6” (3.25m x 2.29m), excluding door recess. uPVC double glazed window with south aspect. Fitted carpet. “Haverland” electric heater.

Telephone point. Bathroom: 6' 9” x 5' 5” (2.06m x 1.65m). Walls part tiled. Vinyl flooring. Panelled bath with “Redring Expressions 550” shower over. Pedestal hand-basin. Close-coupled W.C.

Chrome ladder-style towel rail/radiator. PARKING Communal Parking Area (to rear of block): Accessed via Whalley Street. VIEWING & DIRECTIONS Viewing is only by prior arrangement through this Agency.

Leave Peterborough city centre via Broadway, turn right at the traffic lights into Crawthorne Road then take the first exit from the roundabout to join Eastfield Road.

Take the second right turn into Whalley Street and Whitsed Street is the first turning on the left. The block is on the corner.

TENURE We are informed by the Vendor that the property is held on a 125 year lease from 16th December 1988.

The vendor also informs us that the service charge for the financial year ending the 31st March 2024 is £2,040 per annum.

The service charge is currently being paid in monthly instalments of £170.00 and the ground rent at £10 per quarter. Vacant possession will be given on completion of sale.

NOTES None of the appliances or services have been tested and prospective purchasers must satisfy themselves that they are in working order.

The floor plan included in these particulars is intended as an approximate guide only and its accuracy is not guaranteed.

The Agents for themselves and for the owner of this property hereby give notice that: (1) These particulars do not in any way constitute an offer or a contract; (2) Any intending purchasers/tenants must not rely on the statements made in these particulars as representations of fact, but must satisfy themselves by inspection or otherwise as to their correctness as they are made without acceptance of any responsibility on the part of the Agents or the owner; (3) No representation whatever in relation to this property is made or given by the Agents or the owner, nor has any person in their employment any authority to make or give any such representation or warranty.

AUCTIONEERS ADDITIONAL COMMENTS Pattinson Auction are working in Partnership with the marketing agent 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 the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents 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 any marketing agent 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’. These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.

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.

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 up to 6% inc VAT (subject to a minimum which could be up to £7,200 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 the Marketing Agent 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.