Flat for sale in Tower Street, Ludlow SY8

Summary

Attention - First time buyers and buy to let investors take note. This well presented one bedroom apartment is available to purchase with no upward chain!

The Property - Flat 6 is a well presented top floor apartment, that would be an ideal home for a first time buyer, or a great addition to a buy to let investor's portfolio. Conveniently located in Ludlow's historic town centre, so if you don't own a car it's not a problem.

The property is accessed via a secure entry system leading you to the communal staircase and hallway. Number 6 is located on the top floor and the accommodation is all accessed from the hallway. The living/kitchen/dining room is an open plan space with a fitted kitchen, incorporating an integrated electric oven and hob, plumbing for a washing machine and a carpeted living area with two windows. Also off the hallway is the bedroom, which also has two windows. Completing the accommodation is the bathroom, fitted with a clean white suite comprising a panelled bath, pedestal wash basin and w.c.

The Town - The quintessential British town of Ludlow is a throwback to the days gone by. You can't help but fall in love with the friendly welcoming townsfolk and the laid back lifestyle which feels a million miles away from the hustle and bustle of the big city. That's not to say that Ludlow is a quiet little backwater, far from it. Hosting the famous Ludlow Food and Drink Festival, Ludlow Spring Festival, May Fair, Ludlow Fringe and Green Fair there are events to keep you entertained all year round. There are also countless antique and local produce markets and book, craft and garden fairs.

For sport lovers days out at Ludlow Racecourse, Golf Course, Rugby, Cricket, Tennis, Bowling or Football Clubs could await. Then there's the spectacular architecture and countryside that you'll never grow tired of admiring. Ludlow has to be one of the most perfect places to reside in Britain. The county town of Shrewsbury is approximately 28 miles north and the Cathedral City of Hereford is 24 miles south. Both are easily accessible by the mainline rail that runs a frequent service to Manchester, Holyhead and Cardiff from Ludlow station.

Tenure - We are informed the property is of leasehold tenure with a lease of 999 years from 2012. The annual costs for service charge, ground rent and insurance are approximately 2,750. The property is part of the Right to Manage Group

Council Tax - Shropshire Council - Band A.

Services And Heating - We are informed the property is connected to mains water, drainage and electricity and has the benefit of electric heating.

Broadband - Enquiries via British Telecom indicates the property has an estimated fibre broadband speed of up to 900MB. Interested parties are advised to make their own enquiries via BT or their own broadband provider.

The property is currently tenanted with a rental income of 495pcm.

Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 988 years remaining
Annual Ground Rent Amount: 1.00
Annual Service Charge Amount: 750.00

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'.

Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either by, 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 Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments

Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

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 submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.

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 of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). 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 it necessary or beneficial to the customer to pass your 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.