Cibbons Road, Chineham, Basingstoke, Hampshire, RG24

BEING SOLD VIA SECURE SALE ONLINE BIDDING. TERMS & CONDITIONS APPLY. STARTING BID £125,000

Offering well-proportioned accommodation and plenty of potential, this first-floor two-bedroom flat represents an excellent opportunity for buyers wishing to create a home to their own taste. The property benefits from gas central heating and includes a separate kitchen, reception room and bathroom. Conveniently situated in the corner of this cul-de-sac it is well suited to first-time buyers, downsizers or purchasers seeking a modernisation project.



The accommodation is arranged around a central hallway and offers a practical, well-balanced layout extending to approximately 53.3 sq m (573 sq ft).

The reception room is a comfortable and versatile living space, with room for both lounge and dining furniture.

A separate kitchen provides fitted storage, work surfaces and space for essential appliances, while also presenting scope for redesign and improvement to suit the incoming purchaser's preferred style.

There are two bedrooms, including a generously proportioned principal bedroom and a second bedroom suitable for guests, children, home working or hobbies.

The bathroom is positioned close to both bedrooms and currently includes a bath, wash basin and WC.

Gas central heating is installed, helping to provide warmth throughout the property.

Although the flat would benefit from updating and modernisation, this is reflected in its appeal as a blank canvas, giving the new owner the chance to select their own finishes, colour schemes, kitchen and bathroom fittings.

Located within the popular Chineham area, the flat offers an attractive opportunity for owner-occupiers and buyers looking for a property with potential. Its separate rooms, two-bedroom layout and manageable size combine to create a home that can be improved gradually and personalised over time.

Leasehold – 99 years from 1982
Ground rent - £75pa
Service charge - £785 per quarter

AUCTIONEERS ADDITIONAL COMMENTS

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.
These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.