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1 bedroom flat for sale
Townsend Close, Bracknell, Berkshire, RG12
£95,000
Townsend Close, Bracknell, Berkshire, RG12
£95,000
Our Summary
- For sale by online auction is this 1 bedroom flat located at Forest Park - a residential area of Bracknell
- 70pcm Ground Rent - £60 Payable Every 6 Months Traditional Terms and Conditions - This property is for sale via Online Auction
- This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform
- The auction will run for 3 hours on a set date and time chosen by the vendor of the property
- The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount
- Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £4,800 inclusive of VAT
- The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives
- Properties may be sold prior to public auction if an offer is accepted by the vendors
- **Guide price - This is an indication of the seller's minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction
- **Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction, then the property will not be sold
Description
For sale by online auction is a 1 bedroom flat located in Bracknell's Forest Park residential area. The property comprises a double bedroom with fitted wardrobes, spacious living room with bay window, fitted kitchen, and bathroom. This property presents an ideal buy-to-let investment opportunity with a potential rental income of £900+ per month. The property is situated within easy reach of local amenities and transport links, and the auction will run for 3 hours on a set date and time chosen by the vendor. The winning bidder will be required to pay a 10% deposit and will have 28 days to complete the sale, subject to a non-refundable reservation fee of 3% inclusive of VAT. It is important to review the legal documents prior to bidding and seek legal advice, as the reservation fees are payable in addition to the sale price.