£140,000

1 bed flat for sale

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Auction
Leasehold

Guide price

£140,000

1 bed flat for sale

Willes Road, Leamington Spa CV31

1 bed
1 bath
1 reception
EPC rating: E

Key Information

Tenure:
Leasehold
Time remaining on lease:
949 years
Service charge:
£1,103 per year
Council tax band:
B
Ground rent:
£0
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • Clapham Terrace Community Primary School and Nursery 0.2 miles
  • St Anthony's Catholic Primary School 0.3 miles
  • Leamington Spa 0.6 miles
  • Warwick 2.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
  • Sale by Modern Auction (T&Cs apply)
  • Subject to an undisclosed Reserve Price
  • Buyers fees apply
  • One double bedroom ground floor apartment with A long lease!
  • Sold with no onward chain
  • Current monthly rental income £900.00
  • Walking distance to town centre
  • Own private entrance & allocated parking
Summary
Ideally located with easy access to the Leamington Spa town centre, this one double bedroom apartment is being sold with no onward chain & share of the freehold. Benefitting from its own private front entrance, open plan living, double bedroom with wardrobe area & one allocated parking space.

Description
A one bedroom ground floor flat, ideally located within easy reach to the Leamington Spa town centre as well as being well-positioned for Jephson Gardens and Newbold Comyn.
Being sold with no onward chain the property benefits from spacious accommodation and briefly comprises; own private entrance hall, open plan living room kitchen, one double bedroom and a shower room. Outside there is a resident's car park with one allocated car parking space available.
The property would make a great first purchase to get on the property ladder or a buy to let investment.

Auctioneer's 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 £6600.00 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.

Entrance Hallway
Own private entrance hallway, comprising a storage heater, tiled flooring and doors to all rooms.

Lounge Area 9' 5" x 11' 4" plus bay ( 2.87m x 3.45m plus bay )
Bay-fronted light and airy lounge area, comprising a storage heater and a double glazed bay window to front elevation.

Kitchen Area 11' 4" x 5' 8" ( 3.45m x 1.73m )
Fitted with wall and base units with complimentary work surfaces over and tiling to the splash back areas, incorporating a stainless steel sink and drainer unit. There is space for appliances to include; a freestanding cooker, washing machine, tumble dryer and fridge/freezer. Comprising a breakfast bar and laminate flooring.

Bedroom 10' 4" max x 8' 1" max ( 3.15m max x 2.46m max )
Double bedroom a storage heater, a double glazed sash window to rear elevation and a door leading to the wardrobe area.

Shower Room
Fitted with a modern, white three piece suite, comprising a wash hand basin, shower unit, low level WC, partly tiled walls, tiled flooring, an extractor fan and a double glazed window to side elevation.

Parking
One allocated parking space situated to the front of the building.

Agent's Note
The property is leasehold with a lease length of 999 years from 25th December 1974. Our vendor has advised the property is being sold with a Share of Freehold. The property is subject to management costs- further information available upon request.

Our Sellers advise the current monthly rental income is £900.00.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

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Floor plan 1

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Connells - Leamington Spa

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  1. Zoopla
  2. For sale
  3. Warwickshire
  4. Leamington Spa
  5. Willes Road

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