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£140,000

Orpin Road, Merstham, Redhill, Surrey, RH1

  • 2 beds
Maisonette
Under offer/SSTC

£140,000

  • 2 beds
Maisonette
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Estimate monthly mortgage payment:

£639 per month

Minimum deposit amount:

£7,000
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This two bedroom maisonette is situated in a desirable area of South Merstham and is only 0.8 miles from Merstham station and would be ideal for an investor looking to add to their portfolio as well as cash buyers looking to downsize.

This spacious two bedroom first floor maisonette is in need of modernisation throughout, making it a blank canvas that you can put your own stamp on.
The property benefits from its own front entrance, with stairs leading straight up to the living a accommodation. There is a bright and airy hallway, which all the rooms are accessed including the handy loft space. There is a separate kitchen which provides ample cupboard and work top space, as well as room for a fridge freezer and washing machine. Next to the kitchen is a well-proportioned living room with space for both a sofa and dining table, making ideal for entertaining. At the front of the property are two bedrooms, of which the main is a generous double and benefits from a fitted wardrobe. There is also a family bathroom which currently has a walk in shower / bath. This property also boasts a front garden and a useful garage en-block which has power so could be used as a workshop.

The Modern Method of Auction is a flexible, buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the action, the buyer will be required to put down a non-refundable Reservation Fee of 4.2% including VAT, subject to a minimum of £6,000 including VAT which secures the transaction and takes the property off the market. The legal Pack can be downloaded for free from the auction website or requested from our Auction Department. Please note this property is subject to an undisclosed Reserve Price, which is generally no more than 10% more than the advertised start price. Both the starting price and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by iam-sold Ltd on behalf of Andrews Property Group.


Ground Rent: £19
Service Charge: £330
End Lease Date: 24/03/2066
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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
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