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Area stats1 bedroom flat for sale
Key information
Features and description
Bridgfords bring to market this one-bedroom ground floor flat in Stafford, offered with no onward chain and cash buyers only, due to the remaining lease term.
This ideal investment opportunity benefits from double glazing, electric heating throughout, and off-street parking.
The accommodation briefly comprises a spacious lounge, fitted kitchen, one double bedroom, and a three-piece bathroom suite – all located on the ground floor.
Situated in the sought-after town of Stafford, the property enjoys proximity to a wide variety of local amenities, including shops, supermarkets, restaurants, and pubs. There are excellent transport links nearby, with Stafford Train Station, the M6 motorway, and local bus routes all easily accessible.
Please note this is a leasehold property with 49 years remaining on the lease. We have been advised the ground rent is £18.75 per annum, and the service charge is £20 per month. Buyers are advised to make their own enquiries regarding lease terms and associated costs prior to purchase.
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Auction Wording
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
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The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc. VAT towards the preparation cost of the pack. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
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