Guide price
£200,000
1 bed flat for saleBrocket Way, Chigwell, Essex IG7
1 bed
1 bath
1 reception
EPC Rating: C
Added on
About this property
Offered For Sale through Modern Method of Auction
One Bedroom First Floor Apartment
Buyer Fees Apply
Ideal Buy To Let Property Currently Achieving £18,000 per year
A rare opportunity to acquire this beautifully presented one-bedroom first-floor purpose-built apartment, offered to the market with no onward chain, ensuring a smooth and hassle-free purchase. The property can also be purchased with a tenant in situ, making it an attractive investment opportunity for buy-to-let investors.
Auctioneer Comments This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing 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 of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This 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 complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc. VAT towards the preparation cost of the pack. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
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Tenure
Leasehold (181 years)
Service charge
£2,280 per year
Council tax band
A band has not yet been confirmed.
Ground rent
Ground rent date of next review
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