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1 Bedroom Flat

Woodhorn Drive, Choppington

Guide Price £15,000+

Property Info

Guide
Price £15,000- £ 20,000

An investment opportunity to purchase this one bedroom first floor flat situated within this purpose built development and being offered for sale with vacant possession. We are verbally advised by the vendor that “new” electric heating has been installed and previously the flat has been let out at £75pw (£3,900 per annum) which calculated on purchasing at the guide price offers a return of 19.5%!

Property briefly comprises external communal stairway to the first floor, entrance lobby to the flat, bathroom/wc, living room, kitchen and bedroom.

EPC rating: C

For Sale By Auction www.agentspropertyauction.com LIVE ONLINE AUCTION 30 September 2020

External Communal Staircase
To first floor.

Entrance Lobby
Part glazed upvc entrance door, built in airing cupboard and built in cupboard.

Bathroom
Three piece white suite comprising low level wc, wash hand basin set in vanity unit, bath with electric shower over, tiled splashback and double glazed window.

Living Room
Double glazed window and night storage heater.

Bedroom One
Double glazed window and night storage heater.

Kitchen
Range of wall and floor units with laminate worktop surface, built in electric oven and hob with extractor hood, sink unit and drainer, tiled splashback, double glazed window and inset spotlights to ceiling.

Disclaimer 1
None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No member of staff has any authority to make or give representation or warranty in relation to this property.
For sale by auction see www.agentspropertyauction.com

Disclaimer 2
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £750+vat (total £900) Auction Administration Fee. At your request we can refer you to a North East based Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £120 including Vat from them for the recommendation.

Disclaimer 3
Details of the tenure will be available in the legal pack, we are advised by the vendor that the property is leasehold 125 years from December 2009, £106 per year and £883 per annum service charge, we recommend all potential buyers take legal advice and satisfy their requirements prior to purchase.

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