Studio for sale in 62B, Quantock Road, Weston-Super-Mare, North Somerset BS23

£50,000
Interested in this property? Call +44 117 444 8480 * or Request Details

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Studio for sale

1

Tenure:
Leasehold
Time remaining on lease:
Not available
Service charge:
Not available
Ground rent:
Not available
Council tax band:
Not available

Property description



Sold at auction - similar properties required. Situated close to Weston Seafront and town centre this is a 1 bedroom flat in need of modernisation. For sale by online live stream traditional auction.

• For Sale by online live stream auction
• On 21st February 2024
• Registration closes on the 20th February
• 1 bedroom flat of 505 sq.ft./47sq.m
• In need of updating
• Own front door
• Ground floor with level approach
• Potential to reconfigure into a 2 bed
• Garden
• Register for legal pack

At 505 sg.ft/47sq.m this is a good sized 1 bedroom flat forming part of the ground floor of this Victorian end of terrace/corner property. Now in need of some general updating but also offers potential to reconfigure into a 2 bed. The property has the benefit of its own front door, enclosed front garden laid mainly to lawn with foot path.

It should be noted that the property has recently been purchased by the current owner which may affect mortgageability with some lenders in the short term.

Location • Situated on the corner of Quantock Road and Walliscote Road South
• 0.3 miles to Weston-super-Mare beach
• Easy access to the M5 and A370
• Approximately 1 mile to Weston-super-Mare train station
• Shops of the town centre are easily accessible
• Conservation Area
Accommodation The accommodation briefly comprises, private entrance, kitchen/living room, bedroom, internal hallway area and bathroom. Outside there is a good sized enclosed garden laid mainly to lawn, with a footpath leading to the front door. To internal porch. Large hallway with accommodation off. Please see floor plan.
Tenure Leasehold. The property is offered with a new 999 year lease and will be subject to first registration. Please refer to the legal pack for management charges etc.
Utilities We are advised by the sellers that the following services are connected:
• Water
• Drainage
Your attention is drawn to the water and drainage search contained within the legal pack.

• Electric – dual peak and off-peak meters for night storage heaters.
• Mobile and Broadband - Please visit the Ofcom mobile and broadband checker for availability of services _https_checker.ofcom.org.uk/

Interested parties should satisfy themselves as to the suitability and availability of any services they may require.
Planning Please refer to the Local Search contained in the legal pack for planning history and local restrictions.
Possession Vacant Possession upon completion.
Completion Extended 6 week completion
Viewings Open house viewing schedule to be announced. Please register interest via the request viewing button.
Legal Pack The legal pack is a bundle of information, specific to this property which will include, but not limited to:
• Official Copy of Register of Title (Office Copy Entry)
• Local Authority Search
• Coal Mining Search
• Water & Drainage
• Environmental search
• Special Conditions of Sale
• Property Information Form
• Fixtures and Fittings Form
We recommend all elements of the legal pack are reviewed by your and your conveyancer before bidding. You are deemed to bid in full knowledge of the contents of the legal pack whether you have reviewed it or not.

Your attention is drawn to the Special Conditions of Sale within the Legal Pack, which detail other charges in addition to the sale price which you may be liable for. These costs may include, but not limited to, Search Fees, reimbursement of Sellers costs and Legal Fees as well as Transfer Costs.

The Legal Pack is available to download, free of charge, via the City and Rural Property Auctions website. By registering for Legal Pack, you will be kept up to date of any changes that may occur in the build up to the auction.
Solicitors wise geary commercial solicitors
Contact Stephen Pearson
12 North Bar Banbury Oxon OX16 0TB
Tel:
Bidder Registration closes on the 20th February 2024 You must register to bid to take part in the auction. Registering to bid is very simple, you must visit the City and Rural Property Auctions Website and click on the register to bid button (this feature is not available on Rightmove or Zoopla).
Step 1 – complete the online bidding form (this is the same form if you wish to do telephone or proxy bidding).
Step 2 – Upload your id and Proof of Address
Step 3 - Pay your security deposit of £6,500 (this places a hold on your debit card and no money will leave your account unless you are the successful purchaser).
Step 4 – you will receive a confirmation email you are ready to bid.

Good luck at the auction! Any outstand deposit balance must be transferred to us within 24 hours of the auction. If you are unsuccessful at the auction the hold on your debit card will be cancelled within 24 hours of the auction, although the exact date will be determined by the issuing bank.
Mortgages and Bridging Finance There is finance available for virtually every lot, whether that’s a from a high street mortgage lender or from a short-term bridging finance company. We have a team of specialist auction third party mortgage brokers and finance providers that know the ins and outs of auctions, particularly the timescales required to complete, that are on hand to help. Please contact City and Rural Property Auctions for further details. Please note we may receive introductory fees from the broker for this service.

Tenure: See Legal Pack

EPC Rating: E

Terms:
Guide Prices & Reserves
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees
Please be aware there may be additional fees payable on top of the final sale price. These include and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

Plans, Maps and Photographs
The plans, floorplans, maps, photograph’s and video tours published on our website and in the catalogue are to aid identification of the property only. The plans are not to scale and should not be relied upon.

Consumer Protection Regulations 2008
City & Rural Property Auctions endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract. All references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide-angle lens. The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.

Anti Money Laundering Regulations.
Intending buyers will be asked to produce identification documentation either as part of the bidder registration process of if they make an acceptable pre-auction offer, we would ask for your co-operation in order that there will be no delay in agreeing the sale.

Floorplan(s): Floorplan 1

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For more information about this property, please contact
City & Rural Property Auctions, BS31 on +44 117 444 8480 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by City & Rural Property Auctions, and do not constitute property particulars. Please contact City & Rural Property Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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