£125,000
1 bed flat for saleOakwood Close, Midhurst, West Sussex GU29
1 bed
1 bath
1 reception
EPC Rating: C
Added on
About this property
**coming soon - awaiting professional photography**
Situated in the popular Oakwood Close development, this well-presented one-bedroom first-floor apartment offers an excellent opportunity for buy to let investors.
The accommodation comprises a bright and spacious living room with an open plan fitted kitchen, a double bedroom and a bathroom, all complemented by double glazing and electric heating. Externally, the property benefits from allocated parking, adding further convenience for residents and tenants.
A particular feature of the property is the remainder of a 999-year lease, providing long-term security and peace of mind. Offered for sale with no forward chain, this apartment is ready for immediate occupation or letting, making it an attractive proposition for those seeking a straightforward purchase.
From an investment perspective, the property is expected to achieve a rental income in the region of £800 per calendar month, offering strong buy-to-let potential in a consistently popular residential location.
The property is offered for sale via the Modern Method of Auction, presenting buyers with a transparent and efficient route to purchase. Early viewing is highly recommended to appreciate the accommodation and investment opportunity on offer.
Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent
information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
Please note that an aml fee is chargeable once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
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Tenure
Leasehold (152 years)
Service charge
£340 per year
Council tax band
A
Ground rent
Ground rent date of next review
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