ROI = 36% BMV = 0.0%
Description

SUMMARY n excellent opportunity for first time buyers and investors to purchase a first floor studio apartment within this period mansion In need of modernisation and redecoration which is reflected within this realistic asking price Internal inspection is essential DESCRIPTION Offered with the benefit of having no onward chain This first floor studio apartment enjoys a popular and sought after residential location within a period style villa in an area of period other style properties on a tree lined road Many of the neighbouring properties have also been remodeled and converted into multi apartment dwellings We feel it only fair to point out that the studio which offers a living space/ kitchen/ bedroom with steps giving access to a separate bathroom, is in need of modernisation and redecoration which in our opinion has been more than reflected within the asking price This is an excellent opportunity for both a first time buyer or investor looking to expand their portfolio of rental properties In order to appreciate the full potential an internal inspection is strongly recommended Auctioneer's Comments  This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change. Communal Entrance Hall  Door to front. Entrance Hall  Double glazed door to the front. Studio  Two window to the front. Kitchen  Wall and base units, stainless steel sink and drainer with wash bowl incorporating work surfaces, electric cooker point. electric hob. Bedroom  Steps Down To Bathroom  Single glazed window to the side, wash hand basin, bath. Wc  Separate WC, window to the side. Parking  Communal parking , on street parking We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs. 1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase. 5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

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Property Details
  • Property ID: 159496388
  • Added On: 2025-03-17
  • Deal Type: For Sale
  • Property Price: £25,000
  • Bedrooms: 0
  • Bathrooms: 1.00
Amenities
  • Sale by Modern Auction (T&Cs apply)
  • Subject to an undisclosed Reserve Price
  • Buyers fees apply
  • Offered with no vendor chain
  • Good size studio apartment
  • In need of modernisation and redecoration
  • Realistically priced to reflect the works needed
  • Excellent first home or investment opportunity