2 bed apartment to buy in TR2

Ruanlanihorne, Ruan High Lanes, Truro, Cornwall, TR2 5NZ

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Online auction

Alternatively call 023 8251 4032 or email southwest@pattinson.co.uk

  • Being sold via Secure Sale online bidding. Terms & Conditions apply.
  • Two Bedrooms
  • Ground Floor Apartment
  • Tenanted Investment

2 bed apartment to buy in TR2

Sold with tenant in situ

The Elm is a ground floor apartment with views of the riverside garden and with combined living room, two bedrooms and a bathroom, 60 sqm.

These apartments comprise the entirety of a brand new building set alongside the tidal saltings of the river. The building simulates the appearance of a riverside warehouse and has stone and weatherboard elevations under an natural slate roof.

The apartments are all accessed from the inner courtyard where there is allocated parking. The apartments are geared for minimal maintenance with a good level of independence. Most of the apartments have stunning views over the estuary.

The apartments would make an ideal holiday bolt-away which you could lock up and leave. They could be an ideal holiday investment on which we could guarantee a 6% return, or they could be a full or part time residence as they have full residential status.

The apartments form part of a two storey building with five of the apartments on the ground floor and four on the first floor. There are five two-bedroom apartments and four one-bedroom apartments. All are doubled glazed with LPG gas central heating.

Summary

  • Property Type: Apartment
  • Bedrooms: 2
  • Receptions: 1
  • Tenure: Leasehold
  • Central Heating: Gas
  • Parking: Allocated
EPC for 2 bed apartment to buy in TR2

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 £5,000 + VAT (£6,000 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 auction@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 
‚Äč£250,001 to £750,001 - £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 auction@pattinson.co.uk

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