Warminster Road, Westbury, Wiltshire
£40,000

Guide price

Bedrooms: 1
****CASH BUYERS ONLY**** A 1 bedroom ground floor apartment in need of modernisation well situated to give access to the town centre and its range of facilities. The apartment offers accommodation including entrance hall, lounge, bedroom, fitted kitchen, inner hall and a shower room.

The property further offers night storage heating and PVCu double glazing.

**Please note we have been advised that the management company was dissolved in early 2017 and the Freehold ownership for the property returned to the crown. Please obtain legal advice as to how best this can be rectified. There is a lease of 999 years from June 1991.

Westbury is a small market town to the far west of Wiltshire sitting equally between the larger towns of Warminster and Trowbridge. The location of the town is well positioned for commuters to Bath, Salisbury, Bristol, Reading and even direct to London via its mainline train station.

AUCTION DETAIL - Closing date for Auction will be confirmed shortly. For more information on The Modern Method of Auction please see our website www.daviesanddavies.co.uk and click the AUCTION tab and see the Auctioneer's Comments below.

Auctioneer Comments

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with theAuctioneer, iamsold Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows 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. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation 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 go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything

you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements

The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

01373 228552

Davies & Davies - Westbury

12 High Street, Westbury

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