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Stephenson House, Wetherburn Court, Bletchley, Milton Keynes

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

538 sq ft

50 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Description

** FOR SALE BY ONLINE AUCTION TUESDAY 31ST MARCH ** GUIDE PRICE £100,000 ** BIDS OPEN FOR 24 HOURS FROM 30TH MARCH ** VIEWINGS BY APPOINTMENT THURSDAY 19TH MARCH 5:00 PM TO 5:45 PM **

This modern fourth-floor, one-bedroom apartment would make an ideal rental investment, offering a gross rental yield of over 10% (based on the guide price) with an expected monthly rental value of approximately £895. The property features generously sized accommodation and modern facilities, including intercom entry and lift access to all floors. It also benefits from a remaining lease term of approximately 104 years. Ideally situated close to Bletchley Train Station, the apartment is perfectly located for commuters, making it an excellent rental prospect.

TO REGISTER TO BID AND VIEW LEGAL DOCUMENTS, PLEASE VISIT OUR WEBSITE: auctionhouse.co.uk/bedsandbucks

Accomodation -

Communal Entrance - Located on the West Core entrance, with intercom system and lifts/stairs to all floor, the property is situated on the 4th floor

Entrance Hall - Intercom receiver, airing cupboard, door to

Open Plan Lounge/Kitchen -

Kitchen Area - 3.05m x 2.29m (10'0 x 7'6) - Double glazed window, range of modern fitted units, integrated oven, hob, filter hood, space for further appliances, open to

Lounge Area - 4.04m x 3.48m (13'3 x 11'5) - Dual aspect with double glazed windows, radiator, laminate floor

Bedroom - 4.17m x 3.45m (13'8 x 11'4) - Double glazed window, radiator, laminate floor, door to

Dressing Room - 1.93m x 1.35m (6'4 x 4'5) - With shelving

Bathroom - 2.95m x 1.68m (9'8 x 5'6) - With WC, sink unit, bath, radiator & part tiled walls

Outside - Car park to front, please check legal park to see any parking rights as we cannot confirm the parking rights or arrangements.

Lease Details - With an unexpired lease term of approximately 104 years. Ground rent fixed at £200 PA until 31/12/2031, then due to increase as per the terms of the lease. We do not currently hold service charge information. Our client has been unable to provide this information to us because they are an Asset Management Company with limited knowledge of this property. Because of this we are unable to provide figures relative to the current charges applicable to this property.

Services - No appliances or services have been tested

Council Tax - Band A, Milton Keynes

Price Information - Guides 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. Each 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. Additional Fees and Disbursements will charged to the buyer - see individual property details and Special Conditions of Sale for actual figures.

Buyers Administration Charge - The purchaser will be required to pay an administration charge of £1,140 (£950 plus VAT).

Buyers Premium Charge - The purchaser will be required to pay a buyers premium charge of £2100 (£1750 PLUS VAT)

How To Get There - Starting from Bletchley High Street, drive south-east toward Queensway and continue straight onto Queensway heading toward central Bletchley. Follow Queensway for a short distance, then turn left onto Albert Street. Continue along Albert Street and take the next left into Wetherburn Court. Stephenson House will be on your left.

Doisa/0903Sa0311 -

Brochures

Stephenson House, Wetherburn Court, Bletchley, MilBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Stephenson House, Wetherburn Court, Bletchley, Milton Keynes

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About Auction House Beds & Bucks, covering Bedfordshire & Buckinghamshire

9 Westleigh Office Park Scirocco Close Moulton Northampton NN3 6BW

Auction House Beds & Bucks operates across the counties of Bedfordshire, Buckinghamshire and Hertfordshire. This central office includes coverage of Bedford, Milton Keynes, High Wycombe, Aylesbury, Amersham, Marlow, Olney, Beaconsfield Winslow and Gerrards Cross.

Auction House Beds & Bucks is run by the long-established and privately owned practice of Richard Greener Estate Agents and the name Richard Greener has become synonymous with high-quality service at every stage of the house-selling process.

The success of the company is based on an up-to-date internet-based marketing model whilst at the same time retaining the feel of a family-run business whose clients and customers are always of paramount importance.

Properties in these counties sell very well at auction and Auction House are local specialists in the field with a high success rate. These services provide our clients and buyers with a swift transparent transaction with low stress and distinctive time frames.

We sell a wide range of residential and commercial lots including land and investments. We can sell for private individuals, companies, public authorities, solicitors and other professionals.

Our auctions team is led personally by Richard Greener supported by Co-Director Nick Greener and members of the Buckinghamshire sales team.

Affordability

Monthly repayments£457
Property: £ 100,000
Deposit: £ 10,000
Interest rate: 4.5%
Term: 30 years
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Disclaimer - Property reference 34517885. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House Beds & Bucks, covering Bedfordshire & Buckinghamshire. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House Beds & Bucks, covering Bedfordshire & Buckinghamshire on 01908 030127.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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