Guide price
£1,000,000
1 bed flat for saleBroadfield Barton, Crawley RH11
1 bed
1 bath
1 reception
Added on
About this property
Sale by Modern Auction (T&Cs apply)
Subject to an undisclosed Reserve Price
Buyers fees apply
Entire First Floor Investment Opportunity
Ten Self-Contained Apartments
Nine Studio Flats & One 1 Bedroom
Strong Rental Investment Potential
Modern Accommodation
Summary
A superb investment opportunity to acquire the entire first floor of Barton House, comprising 10 self-contained apartments in the heart of Broadfield Barton. Well-presented and ideally positioned above local amenities, the portfolio offers strong rental appeal and long-term investment potential.
Description
A great investment opportunity to acquire the entire first floor of Barton House, a modern residential development situated in the heart of Broadfield Barton, Crawley. The sale comprises a portfolio of 10 self-contained apartments, including nine studio flats and one one-bedroom flat.
The apartments are finished in a contemporary style throughout, with each unit benefiting from modern fitted kitchens, bathrooms and well-designed living accommodation. Uniformly presented and easy to maintain, the properties are ideally suited to the rental market and provide an attractive proposition for investors seeking a ready-made residential portfolio in an established location.
Barton House occupies a prominent position above a parade of local shops and amenities, offering residents convenient access to everyday facilities, public transport links and Crawley town centre. Broadfield is a well-established residential area with strong tenant demand, making this an appealing long-term investment opportunity.
Further benefits include on-street parking nearby and a highly accessible location within easy reach of major road networks, Gatwick Airport and Manor Royal Business District.
A rare opportunity to acquire an entire floor of income-producing residential units in one of Crawley's established rental locations.
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.
Agents Note
Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Agents Note
EPC shown is for Flat 1 - Full reports for all flats available at request, please ask for more details.
Flat 1 - D
Flat 2 - D
Flat 3 - D
Flat 4 - C
Flat 5 - D
Flat 6 - D
Flat 7 - C
Flat 8 - D
Flat 9 - D
Flat 10 - D
Council Tax Bands
Council tax band show is for Flat 1, please see list below for all council tax bands.
Flat 1 - A
Flat 2 - A
Flat 3 - A
Flat 4 - A
Flat 5 - A
Flat 6 - A
Flat 7 - B
Flat 8 - A
Flat 9 - A
Flat 10 - A
Service Charge
£4440.81 paid quarterly.
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: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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Tenure
Leasehold (960 years)
Service charge
£17,763 per year
Council tax band
A
Ground rent
£0
Ground rent date of next review
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