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£65,000

Bank Street, Ashford, TN23

  • 1 bed
Flat

£65,000

  • 1 bed
Flat
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Estimate monthly mortgage payment:

£297 per month

Minimum deposit amount:

£3,250
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Located in the heart of the bustling town centre, this first-floor 1-bedroom flat offers a fantastic opportunity for both investors and first-time buyers alike. Currently occupied by a tenant, this property yields a monthly income of �750, providing a secure and immediate return on investment.

Boasting a lease with an impressive 108 years remaining, this modern and well-maintained apartment offers a comfortable living space that is both convenient and easy to maintain. The accommodation comprises a generously sized bedroom, a bright and airy living room, a modern fitted kitchen, and a contemporary bathroom, all designed to meet the needs of modern urban living.

Offered for sale through a secure online bidding process, interested parties have the opportunity to bid on this property starting from �65,000, creating an exciting and transparent sales process. With immediate �exchange of contracts� available, the path to ownership is streamlined and efficient, ensuring a smooth and hassle-free transaction for the successful bidder.

This property is ideal for those looking to expand their property portfolio or take their first step onto the property ladder. Given its prime location in the town centre, residents will benefit from easy access to a wide range of amenities, including shops, restaurants, transport links, and entertainment venues, making for a vibrant and convenient lifestyle.

Whether you are a savvy investor seeking a high-yield rental property or a prospective homeowner looking for a modern and centrally located apartment, this 1-bedroom flat offers a compelling opportunity to secure a valuable asset in a sought-after area. Don't miss out on the chance to make this property your own and enjoy all the conveniences and comforts it has to offer. Contact us today to learn more about this exceptional property and secure your place in the online bidding process.

Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers� obligations and sellers� commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

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£297 per month
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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
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