Guide Price £150,000

Braintree Road, Witham, CM8 (ref: 573085)

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Key Features

  • A two double bedroom apartment
  • Ensuite and separate full bathroom
  • Allocated parking
  • Tenant in situ with gross annual income of £9,000
  • Walking distance to the station

Being Sold via Secure Sale online bidding. Terms & Conditions apply.

Starting Bid £150,000

This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.


Located in a contemporary development just moments away from Witham's mainline station, this two-bedroom, first-floor flat offers the perfect blend of convenience and comfort for those commuting to London or looking to take advantage of all that Witham has to offer. With London Liverpool Street accessible in approximately 50 minutes, it represents an ideal base for professionals in a locale with good demand for property.

The property features a spacious living area that seamlessly integrates with a well-equipped kitchen, making it an ideal space for both entertaining and everyday living. The kitchen comes complete with modern appliances, ensuring that meal preparation is both enjoyable and efficient.

Accommodation includes two well-proportioned bedrooms, with the master bedroom benefiting from a private en-suite shower room, adding a touch of luxury and convenience. Additionally, residents will appreciate the allocated parking space, secured within an electronically gated area, providing both safety and peace of mind.

Living here means you're never far from the essentials, with a Morrison's supermarket within easy walking distance for those last-minute grocery needs. Moreover, Witham's array of pubs and dining options offers plenty of choices for social evenings and relaxing weekends.


IMPORTANT INFORMATION:

97 years remaining on the lease

Service Charge - £180 per month

Ground Rent - £245 per annum

Rental income - £750pcm



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'.

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 Marketing Agents or via The Auctioneers website.

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

The property is being sold via a transparent online auction.

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. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

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.

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 equivalent to 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% including 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 necessary or beneficial to the customer to pass their 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.




HallwayCarpeted with entry phone system and an airing cupboard. Here you will find access to the two double bedrooms, to the open plan living room and to the bathroom.

Open plan kitchen / diner14' 6" x 18' 7" (4.43m x 5.67m)(Maximum dimensions)

This spacious open plan living area is part carpeted (living area) with two windows to the rear elevation. The kitchen area is defined by wood laminate flooring and is fitted with a range of base cupboards and drawers beneath a roll top work surface with upstand and matching wall mounted cabinets. Here you will find an electric oven and grill, four ring hob, suspended extractor hood and the sink. Beneath the counter there is space for a washing machine and for a dishwasher.

First bedroom9' 2" x 12' 6" (2.80m x 3.81m)Carpeted with two windows to the front elevation and a door leading you through to the ensuite shower room. maximum dimensions noted.

EnsuiteWc, hand wash basin, shower cubicle and window to the front elevation.

Second bedroom10' 1" x 8' 10" (3.07m x 2.70m)A double carpeted bedroom with window to the front elevation.

Bathroom5' 7" x 7' 2" (1.71m x 2.19m)Finished with panel bath, hand wash basin, hidden tank WC. Half tiled walls.

Witham boasts a vibrant High Street, featuring a variety of supermarkets, alongside a selection of schools and the leisure opportunities available at the Witham Sports Centre. The town's railway station provides services to London's Liverpool Street Station, with the journey typically lasting around 45 minutes. Additionally, Witham is conveniently situated near the A12, facilitating easy travel to the esteemed Grammar and other schools in Colchester and Chelmsford. To the north, the A120 trunk road, which becomes a dual carriageway west of Braintree, offers expedited access to Stansted Airport and the M11 motorway, enhancing connectivity and travel efficiency.

Stamp Duty Due

Based on a sale price of £150,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

Property Images

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Further Details

  • Status: Available
  • Tenure: Leasehold
  • Reference: 573085

Location

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