1 bedroom flat for sale

Overview

A perfect investment opportunity offering an approximate yield of 10% and situated on The Sea Front. This studio apartment offers a fantastic opportunity for anyone looking for a rental investment which also has the potential to add value. Although in good condition overall, there is some scope to make improvements and the internal accommodation comprises an open plan studio with kitchenette area suitable for living, sleeping, cooking and dining and there is a bathroom. There is NO ONWARD CHAIN and this property would be perfect as a holiday let or weekend retreat.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 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeableconsideration 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. For more details and to contact: https://realtyww.info/flats_hayling-island-d196866/for-sale_i70185437

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