Guide price
£135,000
1 bed flat for saleSpences Lane, Lewes BN7
1 bed
1 bath
1 reception
EPC Rating: D
About this property
Sale by Modern Auction (T&Cs apply)
Subject to an undisclosed Reserve Price
Buyers fees apply
No onward chain
Ground Floor Apartment
Allocated Parking
Walking Distance to Lewes Town Centre
Direct Train Links into Brighton, London & Beyond
**no onward chain** Fantastic ground floor one bedroom apartment, great for first time buyers or investors situated within close walking distance to the Lewes town centre.
Description
Sold with no onward chain this fantastic 1 bedroom Ground floor apartment would be perfect for a buy to let investor having had long term tenants previously. The property is located in the sought after Malling area and is close to many amenities, great transport links and open green spaces. Parking is provided for residents on a first come first served basis. Inside the flat is bright and airy with a generous lounge/diner with access to an under stairs cupboard, the kitchen is well equipped and has lots of storage/work surface and is complete with a large window allowing natural light to flood in. The bathroom is decorated in neutral white tiles and finished with a green border, there is a shower over the bath, basin and toilet complete the layout. The bedroom is accessed from the lounge and also provides access to the bathroom, the window provides good light and a storage cupboard completes the layout. Close to the South Downs there are numerous fantastic walks on hand, regular bus services to Lewes and beyond and an eclectic mix of shops, bars and restaurants are all easily reached.
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.
Agent Note
Please note that an aml fee will be chargeable once an offer has been accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Entrance Hall
Lounge/Dining Room 10' 10" x 13' ( 3.30m x 3.96m )
Kitchen 8' 5" x 5' 9" ( 2.57m x 1.75m )
Bedroom One 10' 10" x 7' 10" ( 3.30m x 2.39m )
Bathroom 7' 5" x 5' 9" ( 2.26m x 1.75m )
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
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 sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Mortgage calculator
£675 per month
70+ lenders and 10,000+ products
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (86 years)
Service charge
£1,460 per year
Council tax band
A
Ground rent
£250
Ground rent date of next review



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