2 bed apartment to buy in NG24

Rowan Way, Balderton, Newark, Nottinghamshire, NG24 3AU

Brochure

Bedrooms: x 2

Bathrooms: x 1

Receptions: x 1

Tenure: Leasehold

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Starting bid£45,000

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Key Information

Council tax: Band A
EPC rating: C
Heating supply: Gas
Electricity: National Grid
Mobile signal: Good
Parking: Garage, Off Street

Property features

Being Sold via Secure Sale Online Bidding. Terms and Conditions Apply
CASH BUYERS
First Floor Flat
Modern Kitchen & Bathroom
Single Garage
Two Double Bedrooms
Spacious Lounge/Diner
Lakeside Location

2 bed apartment to buy in NG24

Being sold via Secure Sale online bidding. Terms & Conditions apply.

Positioned just a stone’s throw from the picturesque Balderton Lake, this spacious first-floor apartment represents an excellent investment opportunity, benefiting from generously proportioned accommodation, its own private entrance and the added advantage of a single garage. Whilst the property is offered with a short lease, it provides an appealing opportunity for an investor or buyer looking to add value.

The apartment is approached via its own private entrance door, with stairs rising to the first-floor landing. From here, an opening leads through to the modern fitted kitchen, complete with an electric hob and oven, while internal doors provide access to the remaining accommodation. The generous lounge/diner offers ample space for both relaxing and entertaining and benefits from a useful storage cupboard. Further accommodation comprises a family bathroom and two well-proportioned double bedrooms, with one bedroom featuring fitted wardrobes. The property also benefits from a lawned front garden area, gas central heating and UPVC double glazing. With its attractive location close to Balderton Lake, spacious accommodation and garage, this apartment offers fantastic potential and an exciting investment opportunity.

EPC Rating: C

Lease Details
Management Company - RCP Property Management Ltd
Years Remaining on Lease - Currently 47 years remaining - 99 years from 1 March 1974, expiry 01 March 2073
Current Ground Rent per annum - £15. We have been advised there is no service charge payable.

Balderton Is situated on the edge of Newark to the southeast. It has a wealth of amenities including 2 primary schools and a secondary school, shops, Sainsburys and Lidl supermarkets, Post Office, various public houses and takeaways, a Doctors/Medical centre, vets and a regular bus service into Newark town centre.

Lounge/Diner
3.76m x 3.71m

Kitchen
2.69m x 2.01m

Bedroom One
3.76m x 2.97m

Bedroom Two
3m x 2.18m
maximum measurements

Bathroom
2.01m x 1.93m

Length of Lease: 52
Annual Ground Rent Amount: £15.00

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Open map Street view

This property is being sold subject to unconditional reservation fee auction terms and conditions.

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable.

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

More Information

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:

My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.

If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.

Any amount payable at the close of the auction must be paid within 1 hour.

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.

Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.

Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions.

More Information is available:

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

Please log in to view and download the legal pack files.

Heating supply: Gas
Electricity supply: National Grid
Water supply: Direct mains water
Sewerage supply: Standard UK domestic
Air conditioning: No
Mobile signal: Good

Construction

Year built: 1974
Construction materials: Brick and block
Roofing types: Clay tiles

Building Safety

Property at particular risk of floods and/or erosion: No
Has flooded in last five years: No
Has flood defences: No
Has planning permission or proposals for development that will affect property: No
Is on a coalfield or mining area: No

Rights and Restrictions

Is listed building: No
Is conservation area: No
Has public right of way: No
Has accessibility adaptations: No
Has restrictions: No
Has required access (easements, servitude or wayleaves): No

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