1 bedroom apartment

For Sale by Modern Method of Auction. Starting Bid £42,000 plus Reservation Fee.

DB Roberts are excited to present this one-bedroom self-contained maisonette apartment to the market, offering an excellent opportunity for buy-to-let investors, given its successful letting history.

Cash buyers or those with specialist lending are particularly well-suited to capitalise on this property, considering its current lease length.

Positioned on the first floor, the accommodation features a self-contained entrance hall, stairs leading to the first-floor landing, a comfortable lounge, kitchen, bedroom and bathroom.

The property also has the added benefit of UPVC double glazing, gas hentral heating and is situated close to local amenities such as shops and food outlets.

External amenities include garden to the front and a garage located in a block at the front of the property.

Early viewing is recommended to seize this investment opportunity.

Agent has been made aware of the following charges:
Ground Rent is £25.00 per annum
Buildings Insurance is approximately £263 per annum

Lease Start Date - 25th June 1969
Lease Term - 99 years from 24th June 1968

Mobile coverage from three major networks
Fibre to the Cabinet Broadband
All services are mains connected

*Results provided by Ofcom and correct at time of listing*

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.