Cedars Road, Kingston upon Thames KT1 2 bed flat for sale

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Cedars Road, Kingston upon Thames KT1 2 bed flat for sale

Cedars Road, Kingston upon Thames KT1
£252,000

Our Summary

  • Guide Price £252,000 * Plus 3% Buyers Premium plus VATFor sale by unconditional online auction
  • We are pleased to offer to the market for sale by online public auction, the opportunity for investors to acquire a two bedroom flat with a share of freehold on a new 999 year lease
  • Whilst the property is in need of some cosmetic refurbishment, it does offer investors and developers to acquire a great property at bmv
  • The flat would suit a developer seeking a return on investment for low capital expenditure, or a landlord seeking to add to a rental portfolio with a strong yield
  • Viewings from serious prospective cash buyers to be arranged by appointment with the auctioneers
  • The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated)
  • Pre Auction Offers Are ConsideredThe seller of this property may consider a pre-auction offer prior to the auction date
  • All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit
  • To make a pre-auction offer we will require two forms of ID,
  • FOR SALE BY ONLINE PUBLIC AUCTION

Description

A two-bedroom flat with a share of freehold on a new 999-year lease is being sold by online public auction. The property, located in Hampton Wick, Kingston-upon-Thames, requires some cosmetic refurbishment but offers a great opportunity for investors and developers to acquire a property at a low cost. The flat occupies the first floor of the building and comprises a reception room, kitchen, two bedrooms, and a bathroom. It is situated near Bushy Park, Hampton Wick Train Station, Kingston riverside, and Kingston Town Centre, making it a desirable location. The property is being sold with an unconditional online auction, and the buyer will pay a 5% deposit and a 5%+VAT buyers premium, with contracts exchanged immediately after the auction. The seller may consider pre-auction offers, and all auction conditions will apply.