1Bedrooms
0Bathrooms
36 sqmSize
Strategy: Auction
For sale on 26 June 2025
Our national property auction will be broadcast online with live auctioneers. To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction.
The auction will commence at 09:00.A ground floor one bedroomed apartment offered with tenant in occupation currently paying £4,620 per annum.
Interested parties are advised to inspect the legal pack before placing their bid, as this will be binding.
Kings Lynn is a historic market town in Norfolk and is a highly desirable area for both residents and investors. The town boasts excellent road links to the North Norfolk coast and the prestigious Royal Sandringham Estate. Additionally, Kings Lynn offers a mainline rail connection providing easy access to Ely, Cambridge and London Kings Cross.
Note Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Leasehold Information 99 years from 28 February 1991. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Conservation Area We have been made aware this property is in the Fakenham conservation area. Prospective buyers are advised to make all necessary independent enquiries prior to bidding, as any bid made will be binding.
Flood Risk Rivers and Seas - Very low. Surface Water - Very low.
Building Construction Solid brick, as built, no insulation (assumed) - Information taken from EPC.
Broadband (estimated speeds) Standard 20 mbps, Superfast 80 mbps and Ultrafast 10000 mbps show as available in this location
Mobile Signal EE, O2, Vodaphone and Three show as available in this location.
Satellite and Cable TV Availability Sky and BT show as available in this location.
Note to Buyers Sale by liquidators. We have not been provided with all the leasehold information (we are advised this is to follow) and there is no evidence of rent increase provided within the legal documents, therefore we cannot confirm the rental figure given in our marketing. Prospective buyers are are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.Tenure: LeaseholdEPC Rating: ETerms:
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of 2.4% of the purchase price (subject to a minimum of £1,800 inc. VAT)
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price:
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
Sourced reference: 162966308
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
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