Property Details: - Type: Flat - Bedrooms: 2 - Bathrooms: 1
Agent: Taylors - Milton Keynes Phone: 01908 051901
A well-proportioned ground floor maisonette set within the popular Redbridge area of Stantonbury, offering excellent investment potential and future capital growth. The accommodation comprises two genuine double bedrooms, a bright lounge/diner, fitted kitchen and a bathroom, making the layout practical and appealing for both owner occupiers and tenants alike.<br/>The property further benefits from its own enclosed private garden, a valuable feature that enhances rental demand and resale appeal. Positioned on the ground floor, the maisonette enjoys convenient access and a strong, usable footprint that lends itself well to cosmetic improvement.<br/>The lease currently stands at approximately 55 years, meaning the property is ideally suited to cash purchasers. The estimated cost to extend the lease is circa £35,000, and once extended and with a modest internal refresh, the property is expected to achieve a value in the region of £190,000. This presents a clear opportunity for investors looking to add value through either a buy-to-let strategy or a resale flip.<br/>Located in an established residential area with steady demand, this is a rare chance to acquire a sensibly priced asset with clear upside potential. A strong investment proposition for those seeking capital growth, yield, or a combination of both.<br/><br/>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).<br/><br/>If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.<br/><br/>A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.<br/><br/>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.<br/><br/>Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.<br/><br/>
