Acacia Road

Leamington Spa

2 Bedrooms

1 Bathroom

Maisonette

Guide price £170,000
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Guide price £170,000
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Property Details

Key features

  • Sale by Modern Auction (T&Cs apply)
  • Subject to an undisclosed Reserve Price
  • Buyers fees apply
  • TWO BEDROOM MAISONETTE
  • SOLD WITH NO CHAIN
  • LONG LEASE
  • BOILER REPLACED 2022
  • SOUGHT AFTER LOCATION

Council Tax Band: A

Tenure: Leasehold

    Leasehold Information:

  • Number of years left on lease: 932 years
  • Annual service charge: £0
  • Annual ground rent: £2
  • Annual ground rent review period: Contact branch
  • Ground rent increase: Contact branch

TWO BEDROOM ground floor maisonette in the sought after location of Milverton. This property is being sold with NO CHAIN & benefits from a LONG LEASE. This would make an ideal investment or first time buy.

Two bedroom ground floor maisonette set in the ever so popular and desirable location of Milverton and ideally positioned within walking distance to the town centre and local amenities.
The property is being sold with NO CHAIN and would make a GREAT choice as a starter home or investment!
Starting with a welcoming entrance hallway with a doors to all rooms. There are two bedrooms a lounge with separate kitchen & a three piece suite bathroom.
Benefitting from a long lease and well-maintained communal gardens.


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 £300 inc VAT towards the preparation cost of the pack.

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.


Approach
Via pathway leading to the front door.

Entrance Hallway
Welcoming entrance hallway comprising a built-in storage cupboard and doors to all rooms.

Lounge
13' 5" max x 15' max ( 4.09m max x 4.57m max )
Light and airy lounge having a radiator, laminate flooring, two double glazed windows to front elevation and a door leading to the communal front garden.

Kitchen
13' 8" max x 6' 5" ( 4.17m max x 1.96m )
Fitted with wall and base units with complimentary work surfaces over and tiling to the splash back areas, incorporating a sink and drainer unit. There is an integrated electric oven, gas hob with cooker hood over, a washing machine and a fridge/freezer. Having laminate flooring, a built-in storage cupboard, a radiator a double glazed window to front elevation and an additional cupboard housing the central heating boiler which was fitted in 2023.

Bedroom One
9' 9" x 12' 3" ( 2.97m x 3.73m )
Double bedroom comprising laminate flooring, a radiator and a double glazed window to rear elevation.

Bedroom Two
13' 2" x 8' 9" ( 4.01m x 2.67m )
Double bedroom comprising laminate flooring, a radiator and two double glazed windows to rear elevation.

Bathroom
Fitted with a three piece suite, comprising a wash hand basin, bath with shower over, low level W/C, partly tiled walls, tiled flooring, a heated towel rail and a double glazed window to side elevation.

Communal Garden
Well-maintained communal gardens to front and rear.

Parking
On street parking

Agent's Note
The property is leasehold with a lease length of 999 year from 25th March 1957. The property is subject to an annual ground rent charge of £2.00.

TWO BEDROOM ground floor maisonette in the sought after location of Milverton. This property is being sold with NO CHAIN & benefits from a LONG LEASE. This would make an ideal investment or first time buy.

Two bedroom ground floor maisonette set in the ever so popular and desirable location of Milverton and ideally positioned within walking distance to the town centre and local amenities.
The property is being sold with NO CHAIN and would make a GREAT choice as a starter home or investment!
Starting with a welcoming entrance hallway with a doors to all rooms. There are two bedrooms a lounge with separate kitchen & a three piece suite bathroom.
Benefitting from a long lease and well-maintained communal gardens.


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...

While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.

(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) These particulars do not constitute part or all of an offer or contract.
(3) The measurements indicated are supplied for guidance only and as such must be considered incorrect.
(4) Potential buyers are advised to recheck the measurements before committing to any expense.
(5) Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
(6) Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

MORTGAGE CALCULATOR

Our handy mortgage calculator helps you to estimate what your monthly repayments could be. * Terms and conditions apply.

Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable.

If you would like guidance on the right mortgage for you, we recommend booking a mortgage appointment and speak to one of our mortgage consultants who will be more than happy to help.

** The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2024 – 01/03/2024 and is correct as at 07/03/2024.

A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU REMORTGAGE.

ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.

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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR MORTGAGE. LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP. **THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.

Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.