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*Cash Buyers only as this is a Cornish unit *

The Cornish Unit is a type of non standard construction house built from pre cast reinforced concrete PRC . Over 30,000 of these houses were built from 1946 1960s in response to the post WWII housing shortage.


Your Move Welcome to the Market St Pancras Avenue a two double bedroom ground floor flat Cornish Unit with access to a rear garden being sold with no onward chain.
Lease Term125 years till September 2126
Approx £300 Service & Ground Rent Per Annum


Ideal for BTL Investors at the time of the valuation we predict the rental would be between £850pm presenting a yield of 14.57%. To discuss rental figures in more detail and the packages we offer please get in touch with Kelly B .

As you enter the property, you will find a spacious reception room, perfect for relaxing and entertaining.

Moving through the property, you will discover a well appointed kitchen, offering ample storage

This property boasts two comfortable bedrooms , these bedrooms provide an opportunity to personalize and create your own space.

The property also features a shower room.

In terms of practicality, this property benefits from a council tax band A, ensuring affordable living costs.


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, I am sold.

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 4.5% of the purchase price, including VAT, subject to a minimum of £6,600.00 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 iam sold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents about 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 £300.00 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
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


Cornish Unit
Local Authority City Of Plymouth
Conservation Area No
Council Tax Band Band A
Council Tax Estimate £1,477
Year Built 1950 1966
Rivers & Seas No Risk
Surface Water Medium
Title Number DN454461
Lease Term125 years till September 2126
Coverage
Mobile based on calls indoors
O2
EE
Three
Vodafone
Satellite & Cable TV Availability
BT
Sky
Virgin

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month s rent is required. Rent is to be paid one month in advance. It is the tenant s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

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