Lynway Court, St. Marychurch Road, Torquay, TQ1

OVER 60'S RETIREMENT HOME. Pegg Estates is pleased to offer this two bedroom ground floor apartment with stunning views and convenient location.

The accommodation comprises of a communal entrance with lift and stairs to all floors, large hallway, shower room, two bedrooms, living room with door to courtyard and access to the kitchen..

Outside there is residents parking (not allocated) and beautifully maintained communal gardens with seating areas.

Council Tax Band: C
Tenure: Leasehold (99 years)

Communal Entrance
Accessed via a security door with intercom, large lobby area with plenty of communal space and seating, stairs and lifts to all floors.



Entrance hall
Doors to all rooms, built in storage cupboard with shelving, electric panelled heater, fuse box, care cord and door to living room, electric panel heater, recess storage, bookcase, wall lights, telephone point, power points, TV point, double glazed sliding patio doors leading out onto a private courtyard, door to kitchen.



Kitchen
Matching wall and base level work units with roll top work surfaces, stainless steel sink and drainer with built in electric oven and hob with cooker hood, appliance space for fridge freezer and washing machine, part tiled walls, double glazed window to the rear, tiled flooring.




Bedroom 1
Double glazed window to the side aspect, electric panelled heater, wall lights, care cord, power points.



Bedroom 2
Double glazed window to the side aspect, power points, care cord.



Wet Room
Comprising of an electric shower, wash hand basin, low level wc, extractor fan, part tiled walls, electric panel heater.



Outside
The property comes with an allocated parking space, communal bin store and a private courtyard from the living room.



Leasehold Information
Length of lease - 99 years from 1986
Ground rent - £50 per year
Service charge - £1720 per year
Management company - Crown Property Management
The lease allows you to have pets (with permission)
The lease does allow you to rent the property
The lease does not allow you to holiday let the property



Agency Notes
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 the Auctioneer, 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).



Agency Notes
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



Agency Notes
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.



Agency Notes
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.