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Kenilworth Court, Washington NE37 1 bed flat for sale
Kenilworth Court, Washington NE37
£15,000
Kenilworth Court, Washington NE37
£15,000
Our Summary
- Let one bedroom flat, sold via Option A – under Unconditional Online Auction terms with a BUY IT NOW PRICE of £15,000 + Auction Fees (£6,204 Inc VAT)
- 79m (10'9" x 9'1") - Bathroom Wc - Moovd may work in partnership with marketing agents on our Online Auction Lots and act as 'The Auctioneer', throughout the sale process
- Option A - Online Unconditional Auction: The above property is offered for sale by Online Unconditional Auction (Traditional auction)
- They are not necessarily figures which a property will sell for and may change at any time during the timed Auction
- Reserve Price: The property is offered subject to a Reserve Price (a figure below which we Moovd the Auctioneer cannot sell the property during the timed Online Auction)
- All buyers will be asked to produce two forms of identification documentation, either as part of the Bidder Registration process or if they make an acceptable Pre-Auction offer, we would ask for your assistance in order for there to be no delay in agreeing the sale
- Offered For Sale via Option A - Unconditional Online Auction Terms
- £15,000 Plus Auction Fees (£6,204 Inc VAT)
Description
This one-bedroom flat is being sold via an unconditional online auction with a buy-it-now price of £15,000 plus auction fees. The property features a hall, fitted kitchen, lounge, bedroom, bathroom, and balcony, and is located in a purpose-built block of flats in Sulgrave, near Washington town centre. The property has a long-term sitting tenant paying £375 per month, which returns a yield of 30% on the advertised buy-it-now price, making it an attractive buy-to-let investment opportunity. The property is being sold with a buyer's premium of £1,800 and has an EPC rating of B. The auction process requires a non-refundable administration fee payment of £3,000 and a 10% deposit payment, with the seller also having the option to charge additional fees payable upon completion. The guide price is £15,000, and the reserve price is set somewhere within the guide range or no more than 10% above a single figure guide price.