Otters Court, Witney, OX281GJ

This auction has ended!
Bid Count:
1
   
Final Bid:
£124,000.00
  • Overview
  • Particulars
  • Agent Details

Property Overview

A light and well-appointed home offering generously proportioned accommodation on the ground floor of a purpose built block for those who enjoy an active retirement but appreciate the reassurance of a 24 hour security system and a dedicated House Manager. The overall sense of space and light is enhanced by a double aspect living room with French windows that give direct access to a patio. The neat modern kitchen has an integrated hob and oven as well as separate 'fridge and freezer. The bathroom has quality white sanitary ware with a shower over the bath and ceramic tiled surrounds.

In addition to being fully double glazed, there is modern electric heating, extensive built in storage and quality floor coverings throughout making this a most comfortable home. Residents also have access to a guest suite (to avoid the need for a second bedroom that stands empty most of the time), onsite parking (with thoughtful touches like buggy recharging points), security entry system, intruder alarm, and laundry room. The residents' function room provides a focal point to a thriving and friendly social community with well attended activities. There is also a lift service to all floors. Residents need to be 60+ or if a couple, one resident needs to be at least 60 and the other 55+ years old.

Starting Bid and Reserve Price

*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is powered by IAM Sold.

Auctioneer's Comments

This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, however from the date the Draft Contract is received by the buyers solicitor, the buyer is given 56 days in which to complete the transaction, with the aim being to exchange contracts within the first 28 days. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Reservation Fee of 4.2% to a minimum of £6,000 including VAT 4.2% of the final agreed sale price including VAT. This is subject to a minimum payment of £6,000 including VAT. which secures the transaction and takes the property off the market. 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. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by The South West Property Auction powered by IAM Sold. Reservation Fee is in addition to the final negotiated selling price.

Energy Performance Certificate (EPCs)

Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.

Property Particulars

Please contact us for more information about this property.

Martin and Co

Local Branch: 63 High Street, Witney, OX28 6JA
Head Office: 2 St Stephens Court, Bournemouth, BH2 6LA

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.

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