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Guide Price: £25,000.00

Modern Method of Auction

Flat 45 Cathedral Green Court , Crawthorne Road , Peterborough , PE1 4YS

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CURRENT BID*

£20,000.00

(Place a bid)

AUCTION CLOSED

Lot Number: 63573189

Property ID: 63460181

Whoobid Auctioneers

djacobs@whoobid.co.uk

01202 137200

The minimum current bid is £20,500.00

Fees Apply

Automatic maximum bid £ (only bid in increments of £500)

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Guide Price

£25,000.00

Method of Auction

Modern

Property Type

Flat

Number Of Beds

2

Tenure

Leasehold Property

Address

Flat 45 Cathedral Green Court

Key Features

• POST AUCTION - OFFERS INVITED
• Independent Retirement Living For Over 55's
• 2nd Floor Flat
• Communal Garden
• Communal Parking Available
• Visitor Guest Suite
• Fully Managed Facilities & Services
• Warden-Call Emergency Pull-Cord In Each Room Of Your Property
• Lift Access Throughout Development
• Buyers Fee Applies
• Auction Pack Available On Request

Description

POST AUCTION - OFFERS INVITED

For sale by online auction is this 2nd floor 2 bedroom retirement living apartment at Cathedral Green Court - a fully managed retirement development where retaining your independence (with support if needed) is a key focus. Features include weekly service clean, an on-site restaurant, lift access and communication pull cord in each room. The apartment has been recently re-decorated and re-carpeted throughout (with new underlay) to a very high standard. There is ample car parking and beautiful communal gardens.

General Information:
Cathedral Green Court comprises of 44 spacious apartments, mainly one and two bedrooms, the communal areas are decorated to a high standard to include a very comfortable communal lounge, on-site restaurant, guest suite, landscaped gardens and ample car parking. The services on offer are much greater than is usual in standard retirement apartments or sheltered housing. The Leasehold Very Sheltered Housing available at Cathedral Green Court offers older people the opportunity of retaining their independence and improve their quality of life and remain in their own homes for as long as possible.

There is a team of staff working on a shift basis, managed 24 hours a day. The monthly service charge covers the costs of external maintenance, buildings insurance, up keep of the grounds and one and half hours of domestic assistance per week per individual property.

TENURE: Leasehold.
SERVICE CHARGE: There is a service charge that currently amounts to £673.73 per month.

It is important to note that a significant proportion of the Service Charge relates to items which the prospective purchaser is responsible for in their present home, such as building insurance, building maintenance, gardening, and domestic help. Many purchasers are also eligible for Attendance Allowance at £55.65 or £83.10 a week, which is neither means-tested or taxable and advice on this subject is available to anyone making an enquiry.

The lease provides that a transfer premium is payable to Retirement Security on resale of a property. The maximum premium payable is 3% of the sale price depending on the length of time an Owner has lived at the property. Further information is available from the Court Manager.

Information Specific To Flat:
• Boiler replaced 2017.
• Energy Performance Certificate – July 2022.
• Carpet and underlay replaced throughout – June 2022.
• Freshly re-painted throughout.
• Alarm call system fitted in all rooms.

Service Charge Includes:
• 1 ½ hours domestic assistance per property, e.g. laundry.
• Building insurance, building maintenance, laundry room for own use or for staff providing domestic assistance, upkeep of grounds and gardens.
• Daily refreshments in communal lounge.
• Heating in communal areas.
• £673.73 per month.

Extra Facilities Available With a Charge:
• 3-course or smaller meals available in the restaurant, or to flats if required. Varied menu.
• Weekly bingo, whist, film nights available amongst other social groups and activities are available.
• Guest suite for family and friends.
• Events organised for example, garden parties, Jubilee celebrations, New Year’s Eve invited organisations giving talks, entertainment etc.
• Morning call, light breakfasts, walks, general tidying etc.

Additional Information:
• 103 years’ lease.
• Occupants must be aged over 55.
• No Ground rent.
• Generous car parking.
• Good CCTV – internal and external.
• 2nd floor flat – 2 large internal lifts and stairs available.
• Staff on-site 24 hours per day.
• Near to large park and not far from town centre.
• Daily courtesy call to flat owners.
• Library, post box.
• The Court comprises of 45 flats for independent living; it is not a care provider.
• WiFi availability throughout.
• Pets permitted so long as it doesn’t affect the independence of other Owners. Dogs must be kept on a lead at all times when not in their flat and carried when in communal areas, unless too heavy.
• Smoking is not available in the communal areas, but can in the private apartments after a Health & Safety risk assessment for staff.

NB:
The property can only be purchased for immediate residential use by the purchaser or their POA, not by renters for income nor by property renovators or 'developers'. The property is for those aged 55+.

This property is for sale via Online Auction. This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform. The winning bidder, assuming the reserve is met, is granted exclusivity of the property at the winning bid price for 28 days in which they must exchange, or the vendor is free to remarket the property and the reservation fee will not be returned. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £4,800 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives. We strongly recommend that you review the legal documents prior to bidding and seek legal advice. PLEASE REMEMBER THAT THE RESERVATION FEES ARE PAYABLE IN ADDITION TO THE SALE PRICE.
Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability. Bidders will be required to register in order to download the ‘legal pack’, if you choose to bid on the property, you will be required to complete further identity checks for anti-money laundering purposes, provide card and solicitors details before you are able to place a bid. Properties may be sold prior to public auction if an offer is accepted by the vendors.

**Guide price - This is an indication of the seller’s minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.

**Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above the guide price.

Property Brochure

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Property Auction Pack

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EPC

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Floor Plan

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**These particulars are produced by the advertising agent and not
verified by Whoobid, they are believed to be correct but their accuracy
cannot be guaranteed and they do not constitute an offer or form part of
any contract.**

Map Location

Property Location

Address: PE1 4YS

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Agent's Information

Name: Whoobid Auctioneers

Address: LONDON, Dorset, EC1V 2NX

Telephone Number: 01202 137200

Email: djacobs@whoobid.co.uk

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