Bancroft Court, Reigate, Surrey

£350,000 Guide Price

2 bedroom flat for sale

Bancroft Court, Reigate, Surrey
2 Bed2 Bedrooms
1 Bath1 Bathroom
1 Reception
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Key Features

  • Spacious apartment in a town centre location with excellent views over communal gardens
  • 2 bright & airy double bedrooms, modern kitchen with built in appliances & luxury shower room
  • Superb sitting/dining areas with full width balcony, garage parking & brick store
  • For sale by Modern Auction - T&C's apply
  • Subject to an undisclosed Reserve Price
  • Buyer's fees apply
  • EPC energy efficiency rating D (64/73)

Description

Spacious apartment in a town centre location with excellent views over communal gardens, 2 bright & airy double bedrooms, modern kitchen with built in appliances & luxury shower room, superb sitting/dining areas with sliding doors on to a full width balcony, with stunning views over the landscaped communal gardens. Garage parking, visitor parking, brick store & drying room. A great location in the town centre, a short walk to all amenities including cafes, bars, restaurants, High Street shops, Priory Park and mainline Train Station. Also there is a bus stop at the end of the road. 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 the Auctioneer, iamsold.

AUCTIONEER'S COMMENTS

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

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 £349.00 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

Cubitt & West 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 Cubitt & West 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.

TO VIEW OR MAKE A BID - Contact Cubitt & West

 

Important information about this property

  • Shared Ownership: no
  • Annual Service Charge: £4795
  • Council Tax exempt: no
  • Council Tax band: D
  • Tenure Unexpired: 956 years
Energy PerformanceToggle Icon

Room Dimensions

Entrance Hall14'5 × 6'0 (4.4m × 1.83m)
Sitting Area18'8 × 10'1 (5.69m × 3.08m)
Dining Area8'7 × 7'0 (2.62m × 2.14m)
Balcony17'6 × 6'0 (5.34m × 1.83m)
Kitchen12'5 × 7'0 (3.79m × 2.14m)
Bedroom 115'2 × 9'0 (4.63m × 2.75m)
Bedroom 215'4 × 7'9 (4.68m × 2.36m)
Shower Room6'0 × 5'2 (1.83m × 1.58m)
Separate Cloakroom4'8 × 2'6 (1.42m × 0.76m)
Communal Drying Room
Brick Store6'0 × 3'6 (1.83m × 1.07m)
Communal Gardens
Garage Parking
Visitor Parking

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Bancroft Court, Reigate, Surrey

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Investment opportunity

Estimated yield: 5.49% yield

Estimated rental income: £1,600 pcm

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Julian Bromwich

Julian Bromwich

Senior Branch Partner
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Monthly Repayments:

£ 1,402

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Julian Bromwich

Julian Bromwich

Senior Branch Partner
Thinking of moving home?Use our instant valuation tool and see what your home is worth in secondsEnquire or Book a ViewingCall 01737 222020

Investment opportunity

Estimated yield: 5.49% yield

Estimated rental income: £1,600 pcm

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