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First floor flat - 2 bedrooms

Description

A vacant two bedroom first floor flat close Crawley town centre, requiring modernisation. Suitable for owner occupation or investment, with an estimated monthly rent of £1100 PCM and a gross yield of approximately 10% PAX once improved.

Auction date
To be sold by online auction on Friday 16th December 2022 with a 6 WEEK COMPLETION, bidding will open at 10.00.

To view
Viewings will be conducted prior to the auction, please call Leaders Horsham (Sales) on 01403 217585 to book an appointment

Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.

Location
* Good access to town centre, local shops and amenities* Mainline rail service from Crawley and Ifield stations * Good access to Gatwick airport * M23 access via A264

Description
* Purpose built flat * 2 bedrooms * Requires refurbishment * Good investment potential

Accommodation
Comprises:

Ground floor
Communal entrance, stairs to:

First floor
Entrance porch, hallway, living room, kitchen, 2 bedrooms, shower room, WC, store

Outside
Communal gardens

EPC rating
C

Tenure
Leasehold with vacant possession.

Lease
125 years from 19th September 1989 - 91 years remaining.

Ground rent and service charge
Please see legal pack for further details.

Council tax band
B – Crawley Borough Council

Legal pack
For each lot there are Special Conditions of Sale and other documentation provided by the vendor’s solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor.

Additional fees
A buyers charge of £1,200 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. 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.

Lot 9 - 11 Pegwell Close, Crawley, West Sussex, RH11 8RX

Unconditional Online Auction Sale
Guide Price* £130,000

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Agreement Documents


Further Details


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