Modern Method of Auction
Auction date not yet published
3-bedroom flat · PE1 1GY
Sold STCListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A fine example of cosmopolitan City living is this beautiful penthouse suite, situated in a prime location in the hub of Broadway in Peterborough's city centre, with direct access to retail, eateries, wine bars and transport links along with a vibrant cafe...
Description A fine example of cosmopolitan City living is this beautiful penthouse suite, situated in a prime location in the hub of Broadway in Peterborough's city centre, with direct access to retail, eateries, wine bars and transport links along with a vibrant cafe culture.
The building is accessed at ground level from Broadway/Hereward Cross, leading into a communal hallway with stairs and left access.
The apartment is entered into a hallway with access to storage to either side.
On the left hand side is the master bedroom with in-built storage an en-suite facilities with Porcelanosa finishes and fantastic city views.
Off the hallway and to the right hand side is the second bedroom, which is a good sized well-appointed double, benefiting from plenty of natural light, also with far reaching views across Peterborough and the cathedral.
Further along the hallway and also on the right is the third bedroom, which has far reaching views over Peterborough.
There is access to a family shower room, also situated on the right hand side, fitted with a contemporary suite with Porcelanosa finishes.
At the rear of the property is the open-plan living area which is a beautiful contemporary space, benefitting from ample natural light and enjoying views over Peterborough's historic cathedral and beyond.
There are patio doors at the rear with a Juliet balcony.
The living area is open plan through to the kitchen, which is fitted with a range of contemporary high gloss Symphony base and wall units, built-in oven, gas hob with extractor hood over, task lighting to work surfaces and wood effect flooring.
There is also a large breakfast bar with space for six, seated. The property also has a fantastic four car garage with roller door.
Key information; Energy-efficient combi boiler Secure entry and intercom system Central waste collection Lift to car park and street levels Hardwood veneered doors CCTV to common areas and car parking Modern Method of Auction 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 no more than £349 inc. VAT towards the preparation cost of the pack.
Please confirm exact costs with the auctioneer. 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.
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 no more than £349 inc. VAT towards the preparation cost of the pack.
Please confirm exact costs with the auctioneer. 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. 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sharman quinney nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
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Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
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Area
Agent & docs
FAQ
About 33, Hereward Tower, Broadway, Peterborough
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