Gainsborough Road, Upton 2 bed apartment for sale

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Gainsborough Road, Upton 2 bed apartment for sale

Gainsborough Road, Upton
£75,000

Our Summary

  • Bedroom 2 - Window to the rear elevation, radiatorAuctioneers 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'
  • 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 being sold via a transparent online auction
  • An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction

Description

This two-bedroom first-floor apartment on Gainsborough Road in Upton is being sold via online bidding with a starting price of £75,000. The property is in good condition, having been recently renovated with new flooring and fresh decoration. It features a communal entrance, hallway, kitchen, lounge, two bedrooms, and a bathroom. The apartment has a balcony and on-street parking, as well as communal gardens. The current tenant is looking to stay long-term and is currently managed by the marketing agent. The property has a 215-year lease and a service charge of £48.57 per month. The gross yield is expected to be around 10% depending on the purchase price. The property is available to view by appointment only and bids can be submitted through the marketing agent or the auctioneer's website.