Property description

For sale by online auction ending 15th March 2022 at 12PM. The property is sold under unconditional auction terms and conditions.

Superb investment opportunity, proposing a potential 8% yield. This attractive ground floor flat offers a modern kitchen and bathroom, a good sized lounge/diner, two well-proportioned bedrooms and rear yard.

The Accommodation Comprises

Entrance Hall

With a radiator.

Lounge/Diner (4.45m x 3.38m)

Feature fireplace, under stairs cupboard, additional built-in cupboard to one alcove, a radiator and double glazed window to the rear aspect.

Kitchen (2.66m x 2.42m)

Fitted units with work surface, sink and drainer, electric oven, gas hob and extractor, space and plumbing for a washing machine, double glazed window, radiator, timber door leading to the rear yard and door leading to rear lobby.

Rear Lobby

Housing the boiler and leading to the bathroom.

Bathroom

Low level wc, bath, wash hand basin, double glazed frosted window, radiator and splash back tiling.

Bedroom One (4.58m x 4.22m)

Two double glazed windows to the front aspect, two alcoves and a radiator.

Bedroom Two (4.32m x 2.2m)

Double glazed window and a radiator.

External

Externally there is a yard to the rear of the property

Terms & Timescales

This property is being sold subject to unconditional purchase premium auction terms and conditions. Immediate exchange of contracts. Completion must take place within 28 days.

Legal Pack

A legal pack is available for this property. We strongly advise all potential bidders thoroughly read through the legal pack prior to bidding, paying particular attention to the special conditions. If you are unsure of anything contained within the pack, please consult a legal representative.

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% (subject to a minimum of £3,000) 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 purchase premium of 2.4% inc VAT, subject to a minimum of £2,400 inc VAT. This does not form part of the purchase price.

More Information

For further information please contact our auction department on or email

Online Auction Notice

I hereby acknowledge and confirm the following:
Once placed, my bid cannot be withdrawn and will stand until 2 hours after the auction closes. My bid may be accepted by the seller at any time before the close of the auction. I have read and understood the terms of the auction and my bid is placed accordingly. I have read and understood the legal pack applicable to this property and I understand that I am bound by the special conditions contained within. If my bid is successful at any point from now until up to 2 hours after the auction closes, I shall be bound by the lot terms and conditions as advertised online.
The auction will continue to run if there is a bid within 10 minutes of the closing time. After 10 minutes without a bid, providing the reserve price has been met, the highest bidder will be successful. 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 (truncated)
Amenities

Two Bedrooms

Ground Floor

Modern Kitchen

Rear Yard

Ideal Investment

EPC Rating D