2 bed flat for sale

Egypt Esplanade, Cowes PO31

Summary

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid 130,000. This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties. Located just off the seafront in the charming area of Egypt Esplanade in Cowes, this delightful garden-level apartment offers a retreat for those seeking a peaceful lifestyle. With two well-proportioned bedrooms, this property is perfectly suited for individuals or couples looking to enjoy the comforts of a retirement development. Recent substantial reduction
The apartment features a modern en-suite wet room and further shower room, ensuring convenience and privacy. One of the standout features of this home is the access to a lovely patio and communal gardens, where residents can enjoy stunning views of the Solent. The apartment is equipped with electric heating and double glazing, ensuring a warm and inviting atmosphere throughout the year. Additionally, a garage is included for, providing secure parking and extra storage space. Offered chain free.

This two bedroom garden flat is located on the ground floor with patio doors opening onto the communal gardens. The accommodation comprises of two bedrooms, one with ensuite bathroom, lounge/diner and fitted kitchen. The property benefits from double glazing and electric heating. In addition there is use of the communal lounge and indoor swimming pool. Briary Court is an attractive development of purpose built retirement apartments located just off the sea front. New carpets have been fitted and the property has been redecorated throughout. This apartment also has its own single garage within the complex. Early

Entrance Hall - Night storage heater, built in airing cupboard housing hot water tank and offering storage. Security entrance phone control.

Lounge - 4.24m x 3.35m 1.22m (13'11" x 11' 4) - Double glazed windows and patio doors leading to gardens and patio area with Solent views. TV aerial point, mock fireplace and surround with electric point and fire. Electric night storage heater. Archway to :

Kitchen - A range of fitted floor and wall cupboards, worktops, electric cooker and fridge/freezer, countertop dishwasher included within sale. Fitted sink unit with mixer tap over.

Bedroom One - 2.72m x 4.37m (8'11 x 14'4) - Double glazed window. Built in wardrobes, electric night storage heater.

Ensuite Bathroom - Comprising vanity washbasin, low level WC and panelled bath with electric shower over. Electric towel rail and dimplex electric wall heater.

Bedroom Two - 2.41m x 3.05m 0.30m (7'11 x 10' 1) - Built in wardrobe cupboards, wall mounted Creda wall heater, wall light point. Moveable mock fireplace.

Wet Room/Shower - Suite comprising electric shower, low level WC and wash basin. Fully tiled walls.

Outside - Surrounding Briary Court there are most attractive landscaped gardens with large communal viewing terrace, lounge and also the use of a heated swimming pool, guest suite and laundry room. Garage

Tenure - The property is held on a 125 year lease from 1989. Service charge approximately 2601.47 twice yearly. Ground rent approximately 287.85 twice yearly. Ground rent for Garage approximately 6.25 twice yearly. Council tax band D.

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.

For sale through Pattinson Auction under Conditional Terms.
Council Tax Band: D
Tenure: Leasehold
Length of Lease: 89
Annual Ground Rent Amount: 575.00
Annual Service Charge Amount: 5,452.00

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

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 or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this 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. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.