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2 bedroom ground floor flat for sale
49 Waterside Lane, Colchester CO2 8HW
£100,000
49 Waterside Lane, Colchester CO2 8HW
£100,000
Our Summary
- For sale on 26 June 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 09:00
- A two bedroomed ground floor apartment requiring a scheme of refurbishment and situated within easy reach of Colchester city centre, University of Essex, local amenities and Hythe Train Station providing trains to London Liverpool Street
- NOTE: Bidders will be required to pay a 10% deposit of £10,000 prior to auction before being authorised to bid
- Payments will be returned to any unsuccessful bidders following the auction
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyers Fee of 1
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
- Auction: 26
- In need of a scheme of refurbishment
Description
A two-bedroom ground floor apartment in Colchester is being sold at auction on June 26, 2025. The property requires refurbishment and is situated near the city center, university, and train station. The auctioneers have not inspected the apartment, but it is believed to have a hallway, lounge/diner, kitchen, two bedrooms, and bathroom. The property is sold as seen, and all services and appliances have not been tested. The buyer will be required to pay a 10% deposit of £10,000 prior to the auction, and the property is being sold under an unconditional sale type. The sale is subject to SDL Property Auctions' buyer's terms, and the buyer's fee is 1.2% of the purchase price, plus VAT. The property has a leasehold tenure, with 155 years remaining, and the guide price is not disclosed.