2 bed Flat For Sale £100,000
An ideal investment opportunity this two bedroom apartment is situated within a purpose built-block located close to Felixstowe sea front. The property which features double glazing, gas central heating and off road parking is currently tenanted under an assured short hold tenancy agreement with a rent of £500 pcm
Communal Entrance Hall
Communal entrance hall with staircase. From the second floor a door leads to an open balcony corridor.
Entrance Hall
Entrance door from the open balcony corridor, built-in cupboard, radiator.
Lounge (3.58m x 2.97m)
Double glazed window, radiator, opening to:
Kitchen (2m x 1.96m)
Work surface with inset single drainer sink unit, range of modern fitted eye and base level units, built-in oven, hob, tiled splash backs, wall mounted gas boiler, double glazed window.
Bedroom One (2.6m x 2.5m)
Double glazed window, radiator, built-in wardrobe cupboard.
Bedroom Two (2.29m x 2.26m)
Double glazed window, radiator.
Bathroom
Suite comprising a pedestal wash hand basin with mixer tap, low level W/C, panelled bath unit with shower screen with shower above.
Outside
Allocated parking
Tenure
Leasehold with a 125 years from 1 January 2017
The current service charge is £763.03 pa. The ground rent is £349 pa and the current insurance is £226.92 pa.
Note
The property is currently tenanted under an assured short hold tenancy agreement with a rent of £500 pcm.
Agents Note
This property is for sale by the Modern Method of Auction. Starting Bid Price £100,000 plus Reservation Fee. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows 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. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation 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 go through an identification verification process with iamsold (truncated)
Disclaimer
These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.
Communal Entrance Hall
Communal entrance hall with staircase. From the second floor a door leads to an open balcony corridor.
Entrance Hall
Entrance door from the open balcony corridor, built-in cupboard, radiator.
Lounge (3.58m x 2.97m)
Double glazed window, radiator, opening to:
Kitchen (2m x 1.96m)
Work surface with inset single drainer sink unit, range of modern fitted eye and base level units, built-in oven, hob, tiled splash backs, wall mounted gas boiler, double glazed window.
Bedroom One (2.6m x 2.5m)
Double glazed window, radiator, built-in wardrobe cupboard.
Bedroom Two (2.29m x 2.26m)
Double glazed window, radiator.
Bathroom
Suite comprising a pedestal wash hand basin with mixer tap, low level W/C, panelled bath unit with shower screen with shower above.
Outside
Allocated parking
Tenure
Leasehold with a 125 years from 1 January 2017
The current service charge is £763.03 pa. The ground rent is £349 pa and the current insurance is £226.92 pa.
Note
The property is currently tenanted under an assured short hold tenancy agreement with a rent of £500 pcm.
Agents Note
This property is for sale by the Modern Method of Auction. Starting Bid Price £100,000 plus Reservation Fee. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows 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. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation 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 go through an identification verification process with iamsold (truncated)
Disclaimer
These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.
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