Key Details

Property Description

FOR SALE BY THE MODERN METHOD OF AUCTION WITH ADVANCED PROPERTY AUCTION…..STARTING PRICE £50,000 PLUS RESERVATION FEE's APPLY ** FIRST FLOOR APARTMENT ** TWO BEDROOMS ** SOLD WITH SITTING TENANT ** 22' LIVING SPACE ** ELECTRIC HEATING ** WELL PRESENTED & MODERN KITCHEN ** This ideal investment property is sold with a sitting tenant paying £425 PCM and is in good condition. Popular Clayton location and open views to the front. Comprising of a ground floor entrance door with stairs to the first floor, landing area, Lounge- Diner and separate kitchen, stairs to the second floor lead to two bedrooms and a bathroom. Communal garden and parking. ENTRANCE HALL A UPVC door leads directly into a small hallway with coat hooks and stairs leading up to the first floor landing. LANDING Stairs off to the second floor, door to the lounge and steps down to the front door. LOUNGE/DINER 22' 4" x 9' 1" (6.81m x 2.77m) Window to the front elevation with open views, electric heater and a door to the kitchen. KITCHEN 12' 5" x 6' 2" (3.78m x 1.88m) Fitted with modern base and wall units, laminated work surfaces and splash-back wall tiling. Integrated electric oven, hob, extractor, fridge and freezer. Plumbing for a washing machine and a window to the rear elevation. SECOND FLOOR BEDROOM ONE 13' 10" x 8' 9" (4.22m x 2.67m) Electric heater, exposed beams and a large Velux window. BEDROOM TWO 13' 10" x 6' 2" (4.22m x 1.88m) Velux window, electric heater and exposed beams. Partially restricted head height. BATHROOM A white bathroom suite comprising of a panelled bath with shower tap attachment, WC and a washbasin set in a vanity unit. Extractor fan. EXTERNAL Shared grounds and parking area. LEASEHOLD Leasehold details provided by the owner as follows; 98 years remaining lease and a combined service charge and ground rent of approx. £55 per month. AUCTION DETAILS This property is for sale by the online Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction allows the purchaser 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the sale and takes the property off the market. Fees paid to the Auctioneer are in addition to the price agreed. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to a reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. T&C'S apply to the online Modern Method of Auction, which is operated and powered by Advanced Property Auction.

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