Modern Method of Auction
Auction date not yet published
1-bedroom flat · NN4 9DB
For saleReduced £5k (−4.8%) on 21 OctListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description Being sold via secure sale online bidding. Terms & conditions apply. Starting bid £105,000.
A fantastic opportunity to acquire this well presented coach house, situated on a highly sought after development to the south of the town, offering excellent access to the ring road and M1 (J15A).
The property is ideally located for a range of local amenities at nearby Pineham village, including a Co-op supermarket, café, fish and chip shop, and a local school.
The area also benefits from attractive countryside and canalside walks, making it ideal for both convenience and leisure.
The accommodation comprises entrance hall with doors leading to an open plan lounge/kitchen/diner, a shower room, and an airing cupboard.
The shower room features a Velux window, pedestal wash hand basin, low level WC, and a double shower, with tiled flooring continuing through the entrance hall, shower room, and kitchen area.
The open plan living space provides a bright and versatile layout, with the kitchen benefiting from a Velux window and fitted with a range of wall and base units, work surfaces over, built in oven, gas hob, extractor fan, gas combination boiler, and space for a washing machine, dishwasher, and fridge/freezer.
The living area benefits from a double glazed uPVC window and carpeted flooring, with a door leading to the bedroom, which also offers a double glazed uPVC window, carpeted floor, and built in storage.
Outside, the property benefits from a carport and additional parking located directly in front. EPC Rating: C.
Council Tax Band: A Leasehold information We have been advised of the following: Service charge: £138 per month (December - August) Ground rent: £250 per annum Lease: 136 years left This information would need to be verified by your chosen legal representative.
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.
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 £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.
Material information Type - ApartmentAge/Era - Ask AgentTenure - LeaseholdGround Rent - Ask AgentService Charge - Ask AgentCouncil Tax - Band aepc Rating - CElectricity Supply - MainsGas Supply - MainsWater Supply - MainsSewerage Supply - MainsBroadband Supply - Ask AgentMobile Coverage - Depends on providerHeating - Central Heating, Gas Central Heating, Gas HeatingParking - Parking, Off-streetEV Charging - Ask AgentAccessibility - Ask AgentCoastal Erosion Risk - Ask AgentFlood Risks - No flood defencesMining Risks - Ask AgentRestrictions - Ask AgentObligations - No restrictions, No private right of way, No Public right of wayRights and Easements - Ask Agent
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
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Area
Agent & docs
FAQ
About 40, Narrowboat Lane, Northampton
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