>
1 bedroom apartment for sale
Alderton Way, Trowbridge
£80,000
Alderton Way, Trowbridge
£80,000
Our Summary
- FOR SALE BY ONLINE AUCTION - CASH BUYERS ONLY - A very well presented one bedroom first floor apartment, found within a quiet and secluded pedestrian area, on the ever popular Wiltshire Drive development
- Description - ** For sale by online auction ** Pre-Auction offers considered **CASH BUYERS ONLY - NO ONWARD CHAIN - A very well presented one bedroom first floor apartment, found within a quiet and secluded pedestrian area, on the ever popular Wiltshire Drive development
- Please note - due to the short lease length of 56 years, this property is available to cash buyers only
- Auction Date - Thursday 19th December 2024Covered Porch - With a glazed door to the entrance hall and door to the useful external storage cupboard
- Lease Information - Remaining Lease Length - 56 years (until 30/10/2080)Managing Agent - West of England Estates, Bath Annual Ground Rent - £120Current Monthly Service/Maintenance charge - £40Auction Details - This property is for sale via Online Auction
- This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform
- The auction will run for 3 hours on a set date and time chosen by the vendor of the property
- The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount
- Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3
- The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives
- Properties may be sold prior to public auction if an offer is accepted by the vendors
- Guide Price - **Guide price - This is an indication of the seller's minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction
- Reserve Price - **Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction, then the property will not be sold
Description
This one-bedroom first-floor apartment is located in a quiet and secluded pedestrian area on the Wiltshire Drive development in Trowbridge. The property features a living room with a refitted kitchen, one bedroom, and a modern bathroom. It has uPVC double glazing, gas central heating, and a parking space. The apartment is available to cash buyers only due to its short lease length of 56 years. The property is being sold through online auction, with a reserve price and a 10% deposit required upon completion. The auction will run for three hours on a set date and time, and the winning bidder will be required to pay a non-refundable reservation fee of 3.6% of the winning bid, in addition to the purchase price. The property is expected to achieve £800 per month on the rental market, making it a great investment opportunity for those looking to buy to let.