Auction opportunity close to town centre with parking and quick completion required.
- Ground-floor two-bedroom flat with open-plan living and fitted kitchen
- Allocated off-street parking and small rear yard/forecourt
- EPC C, mains gas boiler with radiator heating, double glazed
- Sold by auction: 56-day completion and non-refundable Reservation Fee
- Buyer fees: £349 Buyer Pack plus optional services up to £450
- Service charge £500 pa (below average); ground rent £499 pa
- Lease term appears extremely short (listed as 0 years) — mortgage risk
- Compact internal space; better for single/couple or investor than family
This ground-floor two-bedroom flat sits within easy walking distance of Market Drayton town centre, offering compact, practical living with allocated parking and a small rear yard. The open-plan living/kitchen area and double glazing give a light, modern feel; mains gas heating and an EPC rating of C mean running costs are reasonable. Broadband speeds are fast and mobile signal is excellent — useful for remote working or lettings.
The property is sold by the Modern Method of Auction with a 56-day completion requirement. The buyer must pay a non-refundable Reservation Fee of 4.5% (minimum £6,600) plus a Buyer Information Pack fee (£349) and may choose optional services (up to £450). These costs are in addition to the purchase price and should be factored into any bid. The flat is leasehold; service charge is £500 pa and ground rent £499 pa.
There is a significant material issue: the lease details indicate the remaining term appears to be extremely short (listed as 0 years left). That materially affects mortgageability and market value and will likely require urgent legal resolution or purchase with cash. The accommodation is modest in scale and will suit a single occupant, couple, or investor seeking a town-centre rental, rather than a family wanting larger rooms or gardens.
Buyers should obtain independent legal and mortgage advice before bidding and inspect the Buyer Information Pack carefully. For an investor prepared to manage lease issues, or a cash buyer seeking a town-centre, low-running-cost flat with quick completion, this property offers immediate access and straightforward accommodation.
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