Chain-free ground-floor flat at auction; renovation project for cash buyers or investors..
Chain-free ground-floor one-bedroom flat
A chain-free, ground-floor one-bedroom flat offered to market by modern auction, presenting a clear short-term investment or renovation opportunity. The apartment includes allocated off-street parking and communal gardens to the front and rear, and is within walking distance of High Wycombe town centre and transport links.
The interior requires full cosmetic renovation — the kitchen is dated and fittings are worn, heating is electric room heaters, and general refurbishment is needed throughout. The lease has 58 years remaining; this is a material issue because many mortgage lenders may refuse to lend. Buyers should obtain specialist mortgage advice before bidding.
The sale will follow Modern Auction terms: an undisclosed reserve, a non-refundable reservation fee (4.5% of purchase price, minimum £6,600), buyer fees and other auction costs apply. Completion is typically required within 56 days; prospective buyers must review the buyer information pack and complete their own due diligence.
Best suited to cash buyers, investors or experienced renovators who can manage a short lease and plan for refurbishment. Positive features — allocated parking, communal gardens, town-centre proximity — offer rental or resale potential after works, but factor in service charge, ground rent and lease extension costs when assessing value.
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