Guide price
£220,000
(£318/sq. ft)
2 bed flat for saleNew Town, Ashford TN24
2 beds
2 baths
1 reception
691 sq. ft
- Auction
- Leasehold
North Property Group Ltd
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About this property
Modern development
Parking included
Tenant in situ
Rental income of £1,400 pcm
Abundance of nearby amenities
Net yields over 5%
For Sale by Modern Auction–T & c’s apply
Subject to Reserve Price
Buyers fees apply
**great location** modern, eco-friendly development** perfect investment opportunity** high tenant demand**tenant in situ**
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Newtown apartments
location
The development sits just across from the forthcoming £250 billion Netflix film set, and just around the corner from the Ashford designer outlet - which welcomes 3.6 million visitors annually. Ashford is convieniently connected to all other major European cities, via the Ashford International train station; with trips to London in just 37 minutes and even to Paris in under 2 hours.
Tenure
This property has 997 years remaining on the lease, with service charge of £1,473 per annum and peppercorn ground rent.
Property highlights
back to market - rare opportunity
Perfect investment opportunity
Net yield over 5%
Incredible location
sustainable apartments
high tenant demand
Tenant in situ with £1,400 instant monthly income
for more information, contact north property group today
North Property Group is an independently owned sales, lettings and property agency with more than 20 years of experience. We work exclusively for the benefit of our clients to help you buy, sell, let or rent the best properties across the UK.
More information
Tenure
Leasehold (997 years)
Service charge
£1,473 per year
Council tax band
Ground rent
Ground rent date of next review