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Collingwood Court, Washington NE37 3 bed flat for sale
Collingwood Court, Washington NE37
£20,000
Collingwood Court, Washington NE37
£20,000
Our Summary
- A let three-bedroom flat in Collingwood Court offered For Sale via Option A - Unconditional Auction Terms with a BUY IT NOW PRICE of £20,000 + Auction Fees (£6,204 Inc VAT)
- 87m (10'3" x 9'4") - External - 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
- £20,000 Plus Auction Fees (£6,204 Inc VAT)
Description
This three-bedroom flat in Collingwood Court is being sold via Option A - Unconditional Auction Terms with a buy-it-now price of £20,000 plus auction fees. The property is located in a purpose-built block in Sulgrave, Washington, and is let to a long-term tenant at £495 per month, returning a yield of 29.7% on the guide price. The flat has a lounge with access to the rear garden, three good-sized double bedrooms, and a bathroom with separate WC. The property has an EPC rating of C and is easily accessible via local road networks. The buyer will need to pay a non-refundable administration fee of £3,000 plus VAT, as well as a 10% deposit payment. The seller may also charge additional fees payable upon completion. The guide price is £20,000, and the reserve price is set somewhere within the guide range or no more than 10% above a single figure guide price.