Sold for £123,000

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By Order of the Executor

A 2 bedroom ground floor flat (559 sq ft, source EPC) with private garden and garage, vacant.

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Description/Location

The property is quietly situated in a cul-de-sac and benefits from a private garden to the rear and a single, lock up garage beyond. The flat is habitable but will benefit from some cosmetic refurbishment. We estimate the current rental value is £950 - £1000 pm.

Tenure

Leasehold: 99 years from 25/12/1970 (47 years unexpired)

Local Authority

Braintree District Council

Viewing

Network Auctions - 020 7871 0420

Accommodation

Ground Floor: Entrance hall, sitting room, kitchen, 2 bedrooms, shower room. Outside: Rear garden, lock up garage.

Rent

ERV: £11,400+ pa

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.