Guide price
£50,000
1 bed flat for saleThe Old Mill, Westbury BA13
1 bed
1 bath
1 reception
EPC Rating: E
- Auction
- Leasehold
Davies & Davies - Westbury
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About this property
One bedroom apartment
Town centre location
Allocated parking
Ideal first time buyer property or investment
A spacious one bedroom apartment with parking in need of a little tlc and modernisation. Part of the Old Laverton Mill conversion, this is an ideal opportunity for a first-time buyer or landlord wanting a moderate makeover project.
From the communal entrance there is a bright stairwell leading up to the front door of the apartment. The entrance hall leads to the spacious sitting/dining room with large windows. There is a kitchen with scope to provide a good amount of storage and worktop space. The bathroom has a large walk in shower and finally the double bedroom is a good size and could easily accommodate some built in storage units or freestanding wardrobes; this room has large windows and a glazed door for a juliet bacony. Heating and hot water are both fuelled by electricity. There is an allocated covered parking space.
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. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% 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. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Agents note: The property tenure is Leasehold -
Length of Lease: 89 years
Buildings insurance is £308.77, running from Nov 23 – Nov 24
The Ground rent is £200 per annum – 25 March 24 – 24 March 25
Service Charge is £727.25 per annum – 25 March 24 -24 March 25
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More information
Tenure
Leasehold (89 years)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review