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Guide price

£110,000

1 bed flat for sale
Fairfield Road, Braintree CM7

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • Chain free
  • Auction
  • Leasehold

William H Brown - Braintree

Logo of William H Brown - Braintree

About this property

  • Sale by Modern Auction (T&Cs apply)

  • Subject to an undisclosed Reserve Price

  • Buyers fees apply

  • Investors or First Time Buyers

  • No Onward Chain

  • One Bedroom Top Floor Apartment

  • Long Lease

  • Easy Access To The A120 And A131

Summary
ideal for investers & first time buyers - A 1-bedroom top floor apartment located right in the heart of Braintree town centre, just a short stroll from the mainline station with direct links to London Liverpool Street. A fantastic opportunity for buy-to-let investors seeking immediate rental income.

Description
William H Brown are pleased to present this one-bedroom top floor apartment, situated in the Depot development on Fairfield Road, Braintree. This property is being sold with tenants in situ, offering a fantastic opportunity for investors looking for a ready-made rental with a proven track record and strong yield.
The apartment features a spacious lounge with a modern fitted kitchen with integrated appliances, a generous double bedroom, and a contemporary bathroom.
Located in the heart of Braintree town centre, the property is just a short stroll from a wide range of amenities including shops, cafés, restaurants, and leisure facilities. Braintree Station is within walking distance, offering direct rail links to London Liverpool Street in under an hour, making this an ideal location for tenants who commute.
The property also enjoys excellent road connectivity via the A120 and A131, providing easy access to Stansted Airport, Chelmsford, and surrounding areas. With over 100 years remaining on the lease, this apartment represents a low-maintenance, high-demand investment opportunity.

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 no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. 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 Hall
Leads to lounge, bedroom and bathroom, radiator

Lounge 15' max x 11' 5" max ( 4.57m max x 3.48m max )
Double glazed window to rear aspect, radiator, carpets, pendant lighting, opens to kitchen

Kitchen 9' 4" x 6' 1" ( 2.84m x 1.85m )
Range of wall and base cupboards with work surface over incorporating a stainless steel sink drainer unit, integrated fridge freezer, integrated washing machine, electric oven, hob and extractor fan, ceramic tiled flooring, inset spot lights.

Bedroom 18' 7" x 8' 5" ( 5.66m x 2.57m )
Double glazed window to rear aspect, radiator, carpets, pendant lighting, cupboard.

Bathroom
Shower cubicle, pedestal hand wash basin, ceramic tiled flooring, extractor fan.

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. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.

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More information

  • Tenure

    Leasehold (106 years)

  • Service charge

    £1,678 per year

  • Council tax band

    B

  • Ground rent

    £150

  • Ground rent date of next review

See all recent sales in CM7

Property descriptions and related information displayed on this page are marketing materials provided by - William H Brown - Braintree. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact William H Brown - Braintree for full details and further information.