Modern One Bedroom Flat - Perfect Investment (Yields 8.5%) or First Time Buy - Redhill, Surrey (RH1)
Flat 7, Amy Court, 22-24 Albury Road, Surrey, RH1 3LS
- 0
Guide Price: *
£170,000
Fees apply
Reservation fee:3.6% (min. £6,000)
All fees include VAT at 20%
Auction Type:
Conditional
Start price:
£170,000Bid history
0 bidsFirst floor 1-bedroom apartment in a sought-after location of Merstham. The property has a good-sized living room, a double bedroom, bathroom and fiited kitchen. One allocated parking space. This is available with no onward chain.
Ideally located with access to local shops and services along with Merstham Railway Stations (offering services to London Bridge and Victora), Reigate Hill Golf Club, East Surrey College and close to the M23/M25 motorway network.
Communal Entrance:
Security entry phone, stairs to the first floor.
Front Door
Entrance Hall:
Doors to Living Room, Kitchen, Bedroom and Bathroom. Airing cupboard.
Living Room: 4.45m x 3.16m
Double-glazed window and radiator.
Kitchen: 3.11m x 2.07m
Double-glazed window, radiator, range of wall and base units with work surface over, sink unit, gas hob with cooker hood over, fitted electric oven, fitted microwave and freestanding washing machine.
Bedroom: 4.06m x 2.84m
Double-glazed window and radiator.
Bathroom:
White suite comprising panel bath with shower over, wash basin with vanity unit, WC, extractor fan and wall-mounted mirror with vanity light.
Parking:
One allocated parking space. Several visitor spaces are provided.
Lease / Covenants :
95 years remaining. A copy of the lease is available on request.
Service Charges / Ground Rent:
The property is managed by a homeowners association with budgets set annually. This year's service charge is £95 per month. The ground rent is £200 per year (until 2046, increasing by £100 every 25 years).
Tenure: We have been informed at the start of marketing that this property is LEASEHOLD. Please check the legal pack to verify this information.
Council Tax Band: C
Property Type: One Bedroom Apartment
Construction Type: Brick and Block
Please note: As auctioneers or marketing agents we or the joint agents do not undertake a survey. We are not qualified to specify exact construction of buildings, however we may provide an assumption/comment if we are informed or believe the property not to be standard construction for its type and area. Bidders should ensure they verify for themselves the construction prior to bidding and a commitment to purchase.
Utilities:
Source of Heating: Gas
Primary source of electricity: Mains
Water: Mains
Sewerage: Mains
Auction Details
The lot is to be sold by traditional online auction with an end date and time of ***
An auction buyer’s fee of 3.6% (inc of VAT) subject to a minimum fee of £6,000 (inc of VAT) is payable in addition to the purchase price.
The auction will be exclusively available online via the Rocket Auctions website including the legal pack information.
The registration process is extremely simple and free. Please visit the Rocket Auctions website, and click on the 'register' button (or login - if you have already registered).
Stage 1) Register your email address, create a password and confirm your account.
Stage 2) View the legal pack and arrange any viewings
Stage 3) If you would like to bid, use the 'dashboard' button and complete your ID check and enter your payment and solicitors details
Stage 4) You are ready to bid - Good Luck!
No deposit monies are required before you bid.Guide price(s) are an indication of the seller's expectation. Reserve price(s) are a figure below which the auctioneer cannot sell the lot at auction. The reserve price is not disclosed and remains confidential between the seller and the auctioneer and is set within the guide range.
A legal pack and special conditions are available to download to anyone who has registered. It is the purchaser's responsibility to make all necessary legal and financial enquiries prior to placing any bids.
The complete legal pack would need to be inspected before an offer would be considered.
Please get in touch if you have any questions regarding Online auctions or would like to arrange a viewing.
Summary
- Property type
- Flat
- Tenure
- Leasehold
- Bedrooms
- 1
- Bathrooms
- 1
- Council tax band
- C
Summary
- Property type
- Flat
- Tenure
- Leasehold
- Bedrooms
- 1
- Bathrooms
- 1
- Council tax band
- C
This property is being sold by:

Rocket Auctions
02081642892
†Conditional auction
If the reserve is met or exceeded and the auction timer reaches zero, an exclusivity period begins in relation to that property. The successful bidder is contractually required to exchange on the property on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above). All properties sold by conditional auction are sold subject to a reservation fee which is clearly stated in the terms and conditions attached to the property and in the bidding box before a bid is placed. The reservation fee is payable in addition to the final purchase price and is received on a non-refundable basis, subject to the terms of the Reservation Agreement. To ensure that the successful bidder proceeds, the winning buyer is automatically charged a reservation fee and agrees prior to making their bid, to pay any outstanding amount of the property reservation fee immediately at the end of the auction. The auctioneer will be authorised to sign the reservation agreement on both the buyer’s and seller’s behalf. If by the seller’s act, exchange does not occur on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above), the reservation fee shall be fully refunded to the buyer. If the buyer fails to exchange on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above), they will forfeit the full amount of the reservation fee.Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Rocket Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Rocket Auctions. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.