1 bed Flat For Sale £115,000
For sale by auction on Tuesday, 20 Jul 2021 at 14:00
Venue: Live stream www.AuctionHouse.Online,
of interest to investors and cash buyers alike A vacant one bedroom purpose built studio flat in need of refurbishment
Situated on a residential estate in a semi-rural location the property offers investors a potential income of approximately £12,000 per annum representing a yield of 10.4% if purchased at guide.
Accommodation
Communal Entrance Hall
Living Area: 12'4" x 10'11" (3.76m x 3.33m)
Kitchen: 11'0" x 3.8" (3.35m x 1.12m)
Bathroom
exterior
There is free residents courtyard parking and a communal garden. The property is adjacent to Lee Valley Regional Park offering plenty of recreational space.
Location
Located about 3 Miles to the North of Chingford Town Centre with its shops, restaurants, bars and Chingford Mainline Railway Station with over ground services to London Liverpool Street. The A112 Sewardstone Road is about 150 yards to the East of the property delivering excellent road access.
Notes
The vendor advises the following charges:
Ground Rent: £32.00 every 6 months
Maintenance: £577.00 per annum
viewing
Strictly by appointment with the auctioneer Tel: EPC Rating: C
Additional Fees
Buyers Premium: £1800 inc VAT payable on exchange of contracts.
Administration Charge - 0.6% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Live stream www.AuctionHouse.Online,
of interest to investors and cash buyers alike A vacant one bedroom purpose built studio flat in need of refurbishment
Situated on a residential estate in a semi-rural location the property offers investors a potential income of approximately £12,000 per annum representing a yield of 10.4% if purchased at guide.
Accommodation
Communal Entrance Hall
Living Area: 12'4" x 10'11" (3.76m x 3.33m)
Kitchen: 11'0" x 3.8" (3.35m x 1.12m)
Bathroom
exterior
There is free residents courtyard parking and a communal garden. The property is adjacent to Lee Valley Regional Park offering plenty of recreational space.
Location
Located about 3 Miles to the North of Chingford Town Centre with its shops, restaurants, bars and Chingford Mainline Railway Station with over ground services to London Liverpool Street. The A112 Sewardstone Road is about 150 yards to the East of the property delivering excellent road access.
Notes
The vendor advises the following charges:
Ground Rent: £32.00 every 6 months
Maintenance: £577.00 per annum
viewing
Strictly by appointment with the auctioneer Tel: EPC Rating: C
Additional Fees
Buyers Premium: £1800 inc VAT payable on exchange of contracts.
Administration Charge - 0.6% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
