Vendor: Housing Association

A 2 bedroom first floor flat (678 sq ft) with balcony and an allocated parking space. Vacant.

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Description/Location

The flat is situated in a cul-de-sac in the Heelands district, adjacent to Linford Wood to the north of the city centre, MK Central Station 1.2 miles. The property provides spacious accommodation that will benefit from cosmetic refurbishment, we estimate the current rental value is £1000+ pm.

Tenure

Leasehold: 125 years from 08/05/1989 (90 years unexpired).
Energy Rating: C
Council Tax: A

Viewing

Network Auctions - 020 7871 0420

Accommodation

First Floor: Entrance hall, sitting room with balcony, kitchen, 2 bedrooms, bathroom. Outside: Allocated parking space.

Rent

ERV: £12,000+ 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.