Ufton Lane, Flat 4

£140,000
  • Ref: 1000_RS0001
  • Type: Flat
  • Bedrooms: 1
  • Bathrooms: 1
  • Tenure: Leasehold
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Property Features

  • Fitted Bathroom
  • Fitted Kitchen
  • Communal Garden
  • Gated Development
  • Close to town center
  • Electric central heating

Property Summary

FOR SALE BY AUCTION STARTING BIDS £140,000

Located close to town in a modern gated development this property will interest buy-to-let investors, currently achieving £750PCM with a long lease.

Full Details


Excelsior House is a gated development block of individual flats located close to the town centre this one-bedroom property includes a modern open plan living area, bathroom and a bedroom. It has been a buy-to-let investment for the current owner from 2019, the property has central heating by an electric heat exchanger and a hot water tank for hot water.

Parking is off-road by permit or in the development (not allocated)

Ground rent: £50 per annum
Service charge: £739 per annum
Lease: 125 years from 2019
Council tax band: A
EPC: D
Current tenancy expires: July 24th 2022 @ £750.00 pcm

Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 122
Annual Ground Rent Amount: £50.00
Annual Service Charge Amount: £739.00
Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments

Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.



Council Tax Band: A
Tenure: Leasehold