1 Bed Apartment For Sale

Seths Estate Agents are delighted to offer this fantastic one-bedroom apartment for sale in Oakwood House. Currently, let at £700 per calendar month, this property presents an excellent investment opportunity with a strong rental yield.

This apartment is being sold via the Modern Method of Auction with a guide price of £50,000. Please note that terms and conditions apply. This secure and transparent process allows buyers to bid with confidence, making it ideal for potential buyers.

For further details or to arrange a viewing, please contact Seths Estate Agents at .

Seths are delighted to offer this fantastic one bedroom apartment for sale in Oakwood House. The property is currently let at £700.00 per calendar month, if purchased at the full asking price the property would offer an attractive annual yield of over 7%.

The property is in an ideal location providing easy access to DMU, local amenities, bus routes and access to the City Centre. The property benefits from gas central heating and double glazing and comprises of one double bedroom, large bathroom, open plan lounge kitchen. The property is being sold with part-furnishings and no upward chain, in our opinion would make a great investment opportunity.

Entrance Hall - Ground floor apartment, the hall of which is accessed via a secure entrance lobby and private hallway. Radiator, built-in storage cupboard, access door to walled courtyard.

Lounge/Kitchen - 7.62m x 3.02m - Open plan lounge and kitchen area. Two windows to front aspect and window to side, radiator.

Kitchen - Range of fitted wall and base units with work surfaces over incorporating circular sink and drainer with mixer tap over, integrated oven, gas hob and extractor hood over, plumbing and space for washing machine. Wall-mounted gas boiler.

Bedroom - 4.04m x 2.49m - Window to side aspect, radiator.

Bathroom - Featuring a three piece white suite comprising bath with shower over, pedestal wash hand basin and low-level WC. Radiator, extractor fan.

Outside Terrace - Accessed via a door from the hallway in the apartment, enclosed by brick walls, and paved.

Additional Information - Leasehold Information:
84 years left on lease
Service Charge (£PA) £762.50
Ground Rent (£PA) £250

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.