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Angela Moss May 2022
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£125,000 Guide Price

1 bedroom Maisonette

Address 1 493866‚ Witham‚ CM8

This property is marketed by: Les Hack at Yopa Chelmsford
Key features
  • Modern method of auction
  • Investment opportunity
  • No chain
  • Parking space
  • Ground floor
  • One bedroom
  • Study
  • Re-fitted kitchen and shower room
  • Electric heating
  • EPC Band: E
Description

This one-bedroom ground-floor maisonette is ideally suited to first-time buyers and investors with a potential rental income of around £1200pcm subject to market conditions. The property is presented in immaculate condition and includes a double bedroom, a modern bathroom with a shower, a well-planned kitchen benefiting from natural light, and a separate study, providing useful space for home working or additional storage. There is also a dedicated parking space, a valuable asset in this well-connected location. Situated in Witham, the maisonette enjoys convenient access to local amenities, including supermarkets, cafés and everyday services on the town’s high street. Nearby parks and established walking and cycling routes offer opportunities for outdoor leisure and commuting by bike or on foot. Public transport links are a key advantage. Witham railway station provides regular services to London Liverpool Street, typically in around 45–50 minutes, as well as to Chelmsford, Colchester and other destinations along the Great Eastern Main Line. Local bus services connect surrounding villages and nearby towns, offering further flexibility for travel without a car. The area is served by a range of schools and community facilities, supporting day-to-day practical needs. Road links are strong, with access to the A12 for routes towards London, Chelmsford, Colchester and the Essex coast. Offered for sale with no chain, this one-bedroom maisonette combines modern living spaces, a study, allocated parking and practical local connections in a well-served part of Witham.

Lease 85 Years

Service charge £662.93 half yearly

Ground rent £55 half yearly 

EPC E

Electric and mains drainage

Auctioneers Comments:

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.

Disclaimer

Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.

Money Laundering Regulations

Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

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Location

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Towns covered by Yopa Chelmsford

Asheldham, Billericay (East), Billericay (West), Blackmore, Bobbingworth, Boreham, Bradwell, Braintree, Brentwood, Burnham-on-Crouch
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