Summary - 42 RIVERBANK WAY, WILLESBOROUGH TN24 0PZ
2 bed 2 bath Flat
Compact two-bed auction flat — good condition, short lease, cash or lender caution advised.
Two bedrooms with ensuite to principal bedroom
Approx. 597 sq ft — compact, practical layout
Leasehold: ~76 years remaining — may deter mortgage lenders
Sold by Modern Method of Auction — 56-day completion target
Non-refundable reservation fee 4.5% (min £6,600) payable by buyer
Electric room heaters only — potentially higher running costs
Double-glazed, built 2003–2006, generally in good condition
Chain-free sale; fast broadband and excellent mobile signal
Situated in South Willesborough, this two-bedroom, second-floor flat offers a straightforward investment or starter-home opportunity close to local amenities and good schools. The apartment is in generally good condition, benefitting from double glazing, an en-suite to the main bedroom, and a generous lounge/diner within approximately 597 sq ft of accommodation.
Important practical points are clear: the property is leasehold with around 76 years remaining and will be sold at auction via the Modern Method of Auction. Mortgage lenders may refuse to lend because of the lease length, and the buyer must pay a non-refundable reservation fee (4.5% of the purchase price, minimum £6,600) plus a Buyer Information Pack fee. Heating is electric via room heaters, which may affect running costs compared with gas central heating.
For investors or cash buyers the flat’s chain-free status, fast broadband and excellent mobile signal are attractive. For owner-occupiers, the nearby primary and secondary schools rated Good and the affluent local area are positives, but prospective buyers should inspect the lease, service charges and heating arrangement closely before bidding.
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