GUIDE PRICE £80,000
Offered to the market with no onward chain, this two double bedroom First floor apartment presents an excellent buy-to-let investment opportunity and is available to cash buyers only. The building benefits from lifts and stair access serving all floors. The accommodation comprises a reception room, a fitted kitchen, and a three-piece bathroom. While the property requires some refurbishment, it offers strong potential for improvement and enhancement. Ideally located close to local shops and schools, the apartment is within easy reach of Southend City Centre and benefits from good local road transport links, making it a convenient and practical choice for tenants and investors alike.
AUCTIONEER COMMENTS This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows 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. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
The Reservation 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 go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you
Communal Entrance Axxess is by secure entry phone system to the communal entrance lobby and via lifts or stairs to the first floor. Own personal door leading to the apartment.
Entrance Hall Smooth ceiling, wall mounted entry phone, built in cupboard and fitted carpet.
Bedroom One 4.27m x 2.74m
Smooth ceiling double glazed windows to front aspect, radiator, built in cupboard/wardrobe and fitted carpet.
Bedroom Two 3.48m x 3m
Smooth ceiling, double glazed windows to front aspect, radiator and fitted carpet.
Bathroom 2.03m x 1.7m
Smooth ceiling, built in cupboard. A panelled bath with mixer tap and shower attachment, pedestal hand wash basin and a low flush WC. Part tiled walls and splashbacks wall mounted mirror and wall mounted mirrored medicine cabinet.
Reception Room 5.05m x 4.01m
Smooth ceiling, double glazed windows to front aspect, obscure double glazed door to front aspect and enclosed balcony. Two radiators, fitted carpet, obscure glazed windows and serving hatch to kitchen and open doorway to the kitchen
Enclosed Balcony 2.7m x 3;0.23m
Double glazed windows to front and side aspects.
Kitchen 3.9m x 1.88m
Smooth ceiling, double glazed window to side aspect, vinyl flooring, obscure single glazed windows and serving hatch to reception room, radiator. Wall mounted and base units with rolled edge work surface. Built in range style gas cooker and spaces for appliances.
Parking There is a communal car park for residents use on a first come first served basis
