Newsom Place, St. Albans

Property Details: • Type: Studio • Tenure: Leasehold • Floor Area: N/A

Key Features: • Sale by Modern Auction (T&Cs apply) • Subject to an undisclosed Reserve Price • Buyers fees apply • Modern studio apartment • Stylish communal lounge space • Use of private Gym • Central location within an easy walk of the City Centre & station • Ideal for First-Time or Buy-To-Let investment purchasers

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 38 Chequer Street, St Albans, Hertfordshire, AL1 3YH

Full Description: SUMMARYConnells St Albans are delighted to offer to the market this city centre first floor studio apartment located within this desirable development and available with NO UPWARD CHAIN.DESCRIPTIONThe studio forms one of a total of sixteen apartments arranged over two floors, with a stylish communal lounge area solely for residents and residents' guests within the block. Use of a private gym for Oaklands residents is included in the service charge. St Albans city station is 0.3 of a mile. Available with No Upper Chain. Viewing comes highly recommended! SituationThe historical city of St Albans provides for a comprehensive range of shopping and leisure facilities. Locally there is an excellent selection of schooling; both state and private.For the commuter, there is a fast one stop train link to London St Pancras International and Kings Cross Station (fast train 19 mins) with interconnecting Eurostar service direct to Brussels and Paris. The M25 is available at junction 21A connecting to the national motorway network. The surrounding countryside provides for an abundance of leisure activities to include walking, riding, numerous golf courses, leisure centres and many areas of historical interest.Additional InformationLocal Authority: St Albans District CouncilCouncil Tax Band: BLeasehold: 125 years from 15/08/2014Grounds Maintenance: (Service Charge) £668.53 per annum No Ground Rent ReviewsBlock Charge: £1,476.00 per annumAuctioneer'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 no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.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.Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.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.BrochuresFull Details