2 bed flat for sale

Limes Avenue, Chigwell, Essex IG7

Modern Method of Auction - No Onward Chain

Two Bedroom Top Floor Apartment

High Yielding Buy-To-Let Investment Opportunity

170-Year Lease And Low Service Charge

Garage En Bloc And Communal Gardens

lose To Grange Hill And Hainault Central Line Stations

56-Day Completion Timescale - Buyer Fee

Priced to Sell - Viewing Highly Recommended

Bairstow Eves are delighted to offer to the market this spacious two-bedroom top floor apartment, offered for sale with no onward chain via the Modern Method of Auction. The property benefits from a long 170-year lease, low service charges and well-proportioned accommodation throughout, making it an excellent opportunity for buy-to-let investors, first-time buyers and downsizers alike. Offering strong rental appeal and low ongoing costs, this property presents a potentially high-yielding investment opportunity. The accommodation comprises a generous lounge/diner, separate fitted kitchen, two well-proportioned bedrooms and a family bathroom. Externally, the property further benefits from a garage en bloc and access to communal gardens. Ideally situated, the flat is within easy reach of both Grange Hill and Hainault Central Line stations, providing convenient transport links into London, as well as access to local amenities, schools and recreational facilities.

Auctioneer 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 £6,600 including VAT. This fee is paid in addition to the 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 Reservation Agreement and terms and conditions are contained within this pack.

The buyer will also make payment of £300 including VAT towards the preparation cost of the pack. The estate agent and auctioneer may recommend the services of other providers, for which they may receive a referral fee. These services are optional and details of any payment will be provided in writing before any services are accepted.