Two-bedroom ground-floor flat with parking — auction sale, lease short; ideal for cash buyers or investors..
Ground-floor two-bedroom flat with allocated off-street parking
Low ground rent (£50) and below-average service charge (£480) per year
Sold via Modern Auction — undisclosed reserve, buyer fees and reservation charge apply
Lease c.65 years remaining — may limit mortgage availability and resale options
Allocated parking and communal garden; short walk to Cannock town centre
Small overall footprint (c.418 sq ft) — compact rooms and modest living space
Solid brick construction likely uninsulated; potential for energy improvements
Local area records higher crime — consider security and insurance costs
A two-bedroom ground-floor flat set within a small purpose-built block a short walk from Cannock town centre. The layout includes a separate kitchen, living room, two double bedrooms and a shower room. The property has allocated off-street parking, access to a communal garden, low ground rent (£50) and a below-average service charge (£480).
This lot is being sold by Modern Auction with an undisclosed reserve price; buyers should factor in a non-refundable reservation fee (4.5% of the purchase price, minimum £6,600) plus buyer’s administration costs and the auction timescale (completion within 56 days). The lease has around 65 years remaining — this is short and may restrict mortgage options and resale value unless extended.
The flat suits a cash buyer, an investor seeking a low-maintenance let, or a first-time buyer who can manage the lease and auction process. The building dates from the 1930–1949 period with solid brick walls (likely without cavity insulation) and gas central heating; improvements such as insulation, cosmetic updating and checking the electrics/boiler should be expected. Note the area records higher local crime levels; factor security and insurance implications into any offer.
No upward chain and proximity to schools, bus links and local shops are practical selling points. Prospective buyers must review the buyer information pack, complete their own due diligence on lease and service arrangements, and confirm exact auction costs before bidding.
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