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117 Park Road, Peterborough, PE1 2TZ

Guide Price £60,000Leasehold

111

Key Information

Tenure:Leasehold
Service charge:ÂŁ1,630 per year
Ground rent:ÂŁ258 per year
Time remaining on lease:242 years
Council tax band:A
Broadband:up to 1000Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

One Bedroomed Second Floor Apartment
Open Plan Living Space
City Centre Location
Allocated Parking, Local Amenities & Local Schooling
Ideal First time Purchase Or Investment
Walking Distance To Peterborough Train Station
For Sale By Modern Auction - Terms And Conditions Apply
Buyers Fees Apply, Subject To Reserve Price
NO FORWARD CHAIN!
EPC - C, Virtual Tour Available

Description

Welcome to this charming first-floor flat located on Park Road in the heart of Peterborough. This modern apartment boasts a spacious open-plan living area, perfect for relaxing or entertaining guests.

Ideal for a first-time buyer looking to step onto the property ladder or an investor seeking a lucrative opportunity, this property offers one bedroom and one bathroom, providing a cosy and comfortable living space. Convenience is key with allocated parking to the rear of the property, ensuring you always have a secure place to park your vehicle. Additionally, being within walking distance to Peterborough city centre, various transport links, and the train station, this flat offers easy access to all amenities and destinations. Don't miss out on the chance to own or invest in this delightful flat that combines modern living with a prime location in the bustling city of Peterborough. Book a viewing today and envision the possibilities that this property holds for you!

AUCTIONEER COMMENTS:
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £349 inc VAT for this pack. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.8% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.

Entrance Hall 1.17 x 1.89 (3'10" x 6'2")

Kitchen/Living/Dining Area 4.92 x 3.68 (16'1" x 12'0")

Bathroom 1.67 x 2.68 (5'5" x 8'9")

Master Bedroom

EPC - C

Tenure - Leasehold
At the time of marketing the vendor has informed us of the current lease terms. Exact figures will be confirmed by your solicitor upon receipt of the management pack, when a sale has been agreed.
Years Remaining on the lease - 242 years
Ground rent £258.18 per annum
Service charge £1629.94 per annum

IMPORTANT LEGAL INFORMATION
Material Information

Property construction: Standard
Community Green Space Charge: No
Electricity supply: Mains electricity
Solar Panels: No
Other electricity sources: No
Water supply: Mains
Sewerage: Mains
Heating: Electric
Heating features:
Broadband: up to 80Mbps
Mobile: EE - Excellent, O2 - Great, Three - Excellent, Vodafone - Excellent

Parking: Allocated, Gated, Off Street, Rear, Private
Building safety issues: No
Restrictions - Listed Building: No
Restrictions - Conservation Area: No
Restrictions - Tree Preservation Orders: No
Public right of way: No
Long-term flood risk: No
Coastal erosion risk: No
Planning permission issues:
Accessibility and adaptations:
Coal mining area: No
Non-coal mining area: No
Energy Performance rating: C
Disclaimer: If you are considering purchasing this property as a Buy-to-Let investment, please be advised that certain areas may be subject to Selective Licensing schemes. Prospective purchasers are strongly advised to carry out their own due diligence to ensure compliance with any applicable licensing requirements, including any associated fees or obligations.

All information is provided without warranty.
The information contained is intended to help you decide whether the property is suitable for you. You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.

Arrange Viewing

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Payment Calculator

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ316 /mo.25 Years, 5% Interest
Loan
ÂŁ54,000
Total Repay
ÂŁ94,704

Stamp Duty

You’ll have to pay the stamp duty of:
ÂŁ0

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