7 New Quay Court, Old Maltings... 1 bed ground floor flat for sale

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7 New Quay Court, Old Maltings... 1 bed ground floor flat for sale

7 New Quay Court, Old Maltings Approach, Melton, Woodbridge, Suffolk IP12 1AN
£70,000

Our Summary

  • FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 30th JULY 2025 AT 10:00AM
  • A ground floor flat requiring refurbishment
  • The property which benefits from an allocated parking space offers 1 bedroom accommodation which has suffered water damage and makes an ideal refurbishment opportunity with strong resale or rental potential
  • Excellent refurbishment opportunity
  • For sale by livestream auction

Description

This ground floor flat is located in a peaceful cul-de-sac in the village of Melton, just a couple of miles from Woodbridge's town center. The property, which has suffered water damage, offers 1 bedroom accommodation and is available for refurbishment, with strong potential for resale or rental. The flat comes with an allocated parking space and benefits from a 125-year lease from 2002, with 102 years remaining. The current ground rent is £200, rising to £600, and the service charge is yet to be determined. The property is being sold by livestream auction on July 30th, 2025, and viewing appointments can be booked in advance. The sale comes with various fees, including an administration fee, buyer's premium fee, and disbursements, which are outlined in the legal pack.