Property description

To be sold by public auction (date to be confirmed) unless sold previously.

Guide price: £75,000+

Offers now invited from cash buyers, investors in particular, for this purpose-built one bedroom ground floor flat with residents' parking, replacement double-glazing and secure entry; very keenly guided to reflect a short lease together with a need for refurbishment. Approached via Flag Walk, Crombie Close (cul-de-sac) lies to the east of the main Milton Road and to the south of Lovedean Lane. Nearby is a parade of local shops, whilst there is ready access to a range of wider amenities. One of a group of similar three-storey buildings, Avon Court features brick elevations under a pitched and tiled roof. Let until recently, Flat 3 itself is a blank canvas opportunity, now requiring modernisation and having a projected rental return, once improved, of around £700 p.c.m. (equivalent to a yield of some 9-10% p.a. Gross). A modest, but lucrative, addition to an investment portfolio, full particulars of this opportunity are given as follows:

Glazed main door, with security entry system, to:

Common lobby

Stairs to upper floors.

flat 3

dining hall - 3.05m x 2.95m (10'0" x 9'8")

Coved ceiling. Security intercom telephone. Small UPVC replacement double-glazed window. Pair of folding doors to:

Bedroom - 2.9m x 2.9m (9'6" x 9'6")

Coved ceiling. One large and one small UPVC replacement double-glazed window. Circuit breakers.

Bathroom & W.C. - 2.44m x 1.37m (8'0" x 4'6")

Suite comprising: Panelled bath, pedestal handbasin, and low flush w.c. Extractor. Built-in airing/linen cupboard with water tank. Coved ceiling. Door from Dining Hall.

Living room - 4.11m x 2.64m (13'6" x 8'8")

Having square opening from Dining Hall. Coved ceiling. UPVC replacement double-glazed window. Pair of UPVC and double-glazed sliding patio doors to outside. Arched opening to:

Kitchen - 2.74m x 1.52m (9'0" x 5'0")

Fitted base and wall cupboards, work surfaces with tiled surround, single drainer stainless steel sink unit with mixer tap. Electric cooker point. Plumbing for washing machine. UPVC replacement double-glazed window. Coved ceiling.

Outside

Communal gardens.

Ample residents' parking.

General information

Tenure: 99 years Leasehold from 1988 (65 years remaining).

Maintenance Charge: £786.67 per ½ year.

Ground Rent: £37.50 per ½ year

council tax

Band 'A' - £1,281.49 per annum (2022-23)

EPC 'tbc'

viewing

By appointment with auctioneers,

D. M. Nesbit & co.

(17596/039239)