Collingwood Court, Washington NE37 3 bed flat for sale

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Collingwood Court, Washington NE37 3 bed flat for sale

Collingwood Court, Washington NE37
£25,000

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 £25,000 + 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
  • £25,000 Plus Auction Fees (£6,204 Inc VAT)

Description

A three-bedroom flat in Collingwood Court is being sold via an unconditional auction with a buy-it-now price of £25,000 plus auction fees. The property is located in a purpose-built block in Sulgrave, Washington, and has a rear garden. It is currently let to a long-term tenant at £495 per month, returning a yield of 23.76% on the guide price. The flat is in good condition and has three double bedrooms, a bathroom, and a separate WC. The property is being sold with a buyer's premium of £1,500 plus VAT and an EPC rating of C. The sale is being conducted through an online unconditional auction, and the buyer will be required to pay a non-refundable administration fee and a deposit payment of 10% of the purchase price.