Lot 01 - Flat 15 Joseph Rank House, Kitson Way, Harlow, Essex, CM20 1FF

  • Unconditional Online Auction Sale
  • Guide Price* : Starting bid: £135,000

Spacious 1 bedroom 2nd floor investment flat in town centre location close to all local amenities, producing £9,600 per annum. Within easy walking distance of the Princess Alexandria Hospital, Harlow Town station and a wide variety of shops, cafes and restaurants.

Description

Situation & Description

This spacious, modern 1 bedroom flat extends to 507sqft (47.1sqm) is located on the 2nd floor of the centrally located Joseph Rank House in Harlow town centre and has the added benefit of a tenant in situ paying £800 per calendar month (£9,600 per annum / 7.1% gross yield at guide price).

The flat is perfectly situated for all of the services and amenities Harlow town centre has to offer with High Street shops and restaurants within a short walk and leisure facilities such as Canons Brook golf club and Harlow cricket pitch also nearby.

One of the many advantages is it's close proximity to Harlow Town Station (0.7 miles) giving excellent access to Tottenham Hale (16 minutes) and London Liverpool Street (30 minutes) and there is also easy access to the A414 and the M11 motorway with the M25 Orbital being one junction to the south and Stansted Airport being 15 miles north.

It is believed there is a car parking space available to rent, in the adjacent car park but buyers are responsible for making their own enquiries into the availability and suitability of parking provisions.

Joint Auctioneers
To arrange a viewing, please contact our joint auctioneers, Reyland Johnson on 01279 216 216

Auction Details
The lot is to be sold by online auction on Wednesday 14th October at 8pm (bidding opens on Tuesday 13th October at 12pm)

All interested parties who wish to bid, please contact My Auction on 0207 101 4868

Please note that a Buyer’s Premium of 1.2% inc.VAT of the purchase price is to be paid by the successful Buyer subject to a minimum fee of £2,400 (inc of VAT).

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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