The Meads is an over 60's retirement development situated in 15 minute walking distance to... Read More
960 property views in the last 7 days!
Quote Reference: 5017565
The Meads is an over 60's retirement development situated in 15 minute walking distance to Central Windsor. Located at the end of a non-through road with ample parking, communal gardens and no onward chain.
The Meads is a retirement development located at the end of this non through road within good proximity of a Tesco Express and bus stop. The flat itself is located on the ground floor and is presented in excellent order throughout comprising entrance hall, white shower suite, double bedroom, good size sitting room with adjacent fitted kitchen. The building itself has a lift, laundry room for residents, communal lounge and onsite warden. Outside are well kept communal gardens and ample parking.
Auction Method:
The auction for this property will be conducted online through our online-bidding platform. This is a “Timed Auctionâ€, so there are no other lots being sold alongside this property.
The timeslot for the auction is displayed on SDL Property Auctions' website. To view this, search for the property on their website. Then click onto the property to view the property details. The time remaining to bid and end date of the auction is displayed on the page.
You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.
When you place your bid, you are deemed to have agreed to SDL Property Auctions' Buyers Terms (England & Wales) which are available on SDL Property Auctions website.
Auction type- Unconditional with Variable Fee:
If you are the highest bidder, you must exchange legally binding contracts for the sale when the auction for the property comes to an end. You must then pay the applicable fees and deposit. You must complete the sale within 15 business days unless the Special Conditions of Sale contained within the Legal Pack state otherwise.
Auction Fees:
The following non-refundable fees apply:
Buyer's Fee- payable on exchange of contracts. This is calculated as a percentage of the actual purchase price of the property. Either:
(a) 4.8% (including VAT) of the purchase price, for properties up to and including £250,000
(b) 3.6% (including VAT) of the purchase price for properties sold for over £250,000
The Buyer's Fee is subject always to a minimum of £6,000 (including VAT). The Buyer's Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
Deposit:
On exchange of contracts, you must pay a non-refundable deposit equal to 5% of the actual purchase price of the property, subject to a minimum of £5,000. The deposit contributes towards the purchase price.
Payment Method:
When you register to bid, you will be prompted to provide your payment details to SDL Property Auctions. In the event that you are the winning bidder, your card will automatically be charged a proportion of the Buyer's Fee & Deposit. The payment will be calculated based on the guide price of the property, in line with the fee scale described above. Where the actual purchase price is higher than the guide price, you will be required to pay the difference immediately after the end of the auction, which can be paid by debit card or bank transfer. Payment by cash or cheque will not be accepted.
Example: You win the bid on a property with a guide price of £150,000, but the actual purchase price is £170,000. At this point your bid is successful you will be charged as follows:
Buyer's Fee of £7,200- 4.8% of guide price
Deposit of £7,500- 5% of the guide price
As the actual purchase price amounted to £170,000, after the auction, you will be required to pay the following additional amounts on top of the initial payment:
£960 for Buyer's Fee shortfall (£8160 due as 4.8% of actual purchase price)
£1,000 for Deposit shortfall (£8500 due as 5% of actual purchase price)
Legal Pack:
Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.
To view the legal pack, first search for the property on SDL Property Auctions' website and click onto the property to view the property details. There will be a sub-heading “Legal Documentsâ€. Underneath this, you will be prompted to “Log in to view the legal documentsâ€. Follow this link, you will then be directed to create an account with Auction Passport to view the documents.
The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.
It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.
Special Conditions of Sale:
The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of SDL Property Auctions' terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.
Registration Process:
To register to bid on the property, search for the lot on SDL Property Auctions website. Click onto the property, follow the link to “Log in/register to bid†, and you will then be directed to create an account with the online-bidding platform provider, EIG.
Video Viewings: If proceeding without a physical viewing please note that you must make all necessary additional investigations to satisfy yourself that all requirements you have of the property will be met. Video content and other marketing materials shown are believed to fairly represent the property at the time they were created.
Quote Reference: 5017565
Sales Manager - Windsor, Windsor Sales
Stamp duty calculator provided by The Property Hive is intended to provide an estimate of the stamp duty land tax payable on a residential property purchase in England or Northern Ireland. However, the calculator is provided for general information purposes only and should not be relied upon as a substitute for professional legal or tax advice. The actual amount of stamp duty payable may differ from the estimate provided by the calculator, depending on various factors such as the purchase price, the property type, and the buyer's circumstances. Property Hive does not accept any liability for any loss or damage arising from the use of, or reliance upon, the stamp duty calculator. It is recommended that you seek independent legal and tax advice before making any property purchase decisions.
Regulations require that we undertake identity and AML checks, and secure information on the circumstances of your purchase in line with our obligations to verify your identity and complete Customer Due diligence as part of you agreeing any offer with our client. These are dictated by regulation and enforced by trading standards. Whilst we retain responsibility for ensuring checks are carried out correctly and for ongoing monitoring, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or made an offer on a property you wish to buy that is provisionally agreeable to our client.
We have looked to provide benefits alongside undertaking these checks to ensure this is not an additional cost to you. These include complementary Lifetime Legal membership for 3 months, and where you use Chancellors Conveyancing services we have also arranged for this cost to include the AML/ Customer due diligence cost your solicitor would normally charge you for their regulated required checks. The cost of these checks is £80 inc VAT, which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee is paid in advance, directly to Lifetime Legal and is non-refundable.
This one bedroom apartment is offered with no onwards chain, situated a in popular residential development, offering open kitchen and living space
76 people have looked at this property on this website in the last 7 days!
This is a 1 bed 1 bath Shared ownership property with potential to purchase full ownership, the property benefits from a balcony and allocated off street parking space located 1 mile distance to Slough train station
78 people have looked at this property on this website in the last 7 days!
Presenting to market a one bed ground floor apartment located in Slough with no chain. Has got allocated parking space, within a mile to transport links and shopping facilities. Is one bed with modern kitchen and family bathroom. Viewings recommended
The Meads is conveniently located within less than a mile to Windsor Town Centre. This retirement apartment offers, one double bedroom, a living Room, kitchen, shower room, off road parking, leasehold and is offered to the market with no chain
