Our Summary

• ** For Sale By Online Auction** Pre Auction Offers Considered** Guide Price - £45,000 - £55,000** A perfect investment opportunity for a landlord or a great option for first-time buyers wanting to join the property ladder
• Additional Information - No Onward Chain 2nd Floor Apartment Investment info: circa £6,600 (£550 pcm) Council Tax: Band A Floor Area: 39 sqm Tenure: Leasehold EPC: D Lease Information -103 Years Remaining - (125 years from September 2023) Service Charge Annually: £1000 per annum Ground Rent: £25 per annum Traditional Terms & Conditions - 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 - 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 - 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