A 2 bedroom ground floor maisonette located in a popular residential area 7 miles north of Braintree. Ideal for owner occupation or letting investment with an estimated rent of £875 PCM, gross yield 11.66% PAX. Cash buyers only with a lease of 46 years remaining.
Auction date
To be sold by online auction on Friday 24th February 2023 with a 6 WEEK COMPLETION, bidding will open at 10.00.
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
* Close to local schools and amenities * Good access to London Stansted Airport, Braintree & Colchester * Mainline rail service to London Liverpool Street from Braintree * M11 access via A120
Description
* Ground floor maisonette * 2 bedrooms * Ideal investment
Accommodation
Entrance hall, living room, kitchen, 2 bedrooms, bathroom
Outside
Front garden, parking and garage
EPC rating
C
Tenure
Leasehold with vacant possession on completion
Lease
99 years from 1st January 1969 - 46 years remaining. A Section 42 notice will not be served on the freeholder prior to completion.
Ground rent and service charge
Please see legal pack for further details.
Council tax band
B - Braintree
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.
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Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
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Call 01344 753120
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