1 bed apartment to buy in NG24
Beast Market Hill, Newark, Nottinghamshire, NG24 1BH
Online auction
- Immediate ‘exchange of contracts’ available
- Being sold via ‘Secure Sale’
- Luxury Town Centre Apartment
- One DOUBLE Bedroom
- Luxury Kitchen and Bathroom
- Extremely Well Presented Throughout
- Dedicated Covered Parking
- Superb Panoramic Town Centre Views.
1 bed apartment to buy in NG24
Being sold via Secure Sale online bidding. Terms & Conditions apply.
Situated in one of Newark's most iconic Grade II listed converted buildings, ‘The Ossington’ set in the Heart of Newark with panoramic town centre views, this second floor apartment is a short walk to both Newark train stations.
The wonderful apartment oozes with charm and character, with beautifully appointed accommodation comprising of: a secure communal entrance hallway with steps leading to the apartments entrance door, with accommodation consisting of: entrance hallway, spacious adaptable living space with vaulted ceiling, breakfast kitchen with quartz worktops and integrated appliances including fridge, freezer, washer dryer, dishwasher, two ovens, a microwave and an electric induction hob; a master bedroom with built in wardrobes and a further luxury Villeroy & Boch bathroom suite with Porcelanosa fully tiled walls and floor and underfloor heating.
The property hugely benefits from its desirable location and the views are breath taking, gas central heating, and covered car parking.
Lease Details
Management Company - Shoby Properties LTD -
Years Remaining on Lease - 125 years from 2001
Current Ground Rent £100 per annum set to increase to £200 in June 2026
Current Service Charge £934.73 per quarter
Current Buildings Insurance £560.20 per annum
The Ossington Building
The Ossington is an iconic Newark Landmark originally built in 1882, by Lady Ossington in memory of her late husband John Dennison MP, Standing close to the river Trent and overlooking Newark Castle; the building was designed to serve as a Coffee Palace for social gatherings, lectures, dances etc without the consumption of alcohol, all profits went to support Newark Hospital. Due to its popularity and success a second Ossington Coffee Palace was constructed in Marylebone, London.
ACCOMODATION - Rooms and Measurements
Entrance Hallway
1.45m x 1.07m (4'9'' x 3'6'')
Adaptable Open Plan Living Space
10.29m x 5.51m (33'9 x 18'1)
maximum measurements
Breakfast Kitchen
3.15m x 1.57m (10'4'' x 5'2'')
Master Bedroom
4.39m x 3.96m (14'5'' x 13'
Luxury Bathroom
3.30m x 1.68m (10'10'' x 5'6)
maximum measurements
Services
Mains gas, electricity, water and drainage are connected.
Newark
A traditional market town that benefits from its excellent location, situated just off the A1 and A46 between the cities of Nottingham and Lincoln and having 2 railway stations including Northgate Station which is on the east coast Main line offering commuters and shoppers easy access to London. The town is full of character with its bustling traditional cobbled market square and ruins of Newark castle that date back to 1123. Newark boasts a wealth of successful independent shops and boutiques, as well as a wide range of national chains. The town also offers an array of restaurants and cafes, a theatre and a multi-screen cinema. Newark is also a hub for antique enthusiasts, with its various antique shops and regular antique fairs held at the nearby Newark Showground.
Length of Lease: 101
Annual Ground Rent Amount: £100.00
Annual Service Charge Amount: £3,739.00
Summary
- Property Type: Apartment
- Bedrooms: 1
- Receptions: 1
- Tenure: Leasehold
- Heating: Gas
- Parking: Allocated
This property is being sold subject to unconditional reservation fee auction terms and conditions.
Timescales
Contracts will exchange immediately. There are 28 days in which to complete the purchase.
Legal Pack
A legal pack is available to download. Special conditions may apply.
We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.
Deposit
In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.
The deposit is non-refundable.
Buyer Fees
This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.
A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.
More Information
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
ONLINE AUCTION NOTICE
I hereby acknowledge and confirm the following:
My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.
If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.
Any amount payable at the close of the auction must be paid within 1 hour.
Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.
Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.
Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.
The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.
It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.
The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.
Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid
Please note this bidding process applies specifically to online auctions.
More Information is available:
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
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