1 Bedroom Flat

FOR SALE VIA NATIONAL ONLINE AUCTION. BIDDING OPENS ON MONDAY 27th JULY AT 1PM, AND CLOSES TUESDAY 28th JULY FROM 1PM. REGISTER TO BID!

Offered for sale by auction is this vacant one-bedroom flat, located in Sulgrave.

The property comprises an Entrance Hall, a Living Room, a Kitchen, a double bedroom, a Bathroom, and a Balcony.

There is separate garage currently let at £35 per calendar month.

Situated in a well-established residential area, the property is conveniently placed for local amenities, transport links, plus hospitals and universities, making it an attractive prospect for both resale and rental markets.

Key Features:
Approx. 65 sq. meters of accommodation
One-bedroom apartment
Refurbishment opportunity
Popular and well-connected location
Vacant possession

Investment Summary
Rental income can be expected at approximately £500pcm, once renovated
Resale value can be expected at approximately £50,000, once renovated
Additional income from garage: £35 per calendar month
Scope to increase rental income and letting of vacant units
Asset management opportunity with value-add potential
Attractive guide price reflecting condition

Tenure: Leasehold
Legal Pack: Available via the Auction House website

Tenure: Leasehold

Administration Fee: £3600 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.