Flat for sale in 37B Stapleton Road, Headington, Oxford OX3

For sale by online auction on Tuesday, 21 May 2024 ending at 13:32

*Guide Price £150,000 (+ fees). For Sale via our National Online Auction, bidding commences 20/05/2024 at 13:00 and closes approximately 24hrs later. Legal pack available to download free of charge from our website!

Ground Floor Flat

Offering to auction, this ground floor one bedroom apartment situated in Headington, Oxford. The accommodation comprises an entrance hall, living room, kitchen, bedroom and bathroom. Further benefits include a shared rear courtyard garden and permit parking.

Please note that we are selling on behalf of mortgagees not in possession which means we are unable to gain access to the property.

Central Headington hosts five hospitals and many educational institutions, including John Radcliffe Hospital, Oxford Brookes University, Windmill Primary, St Andrews and Headington Girls School, making this location popular amongst medics and academics. The Thornhill Park and Ride, regular buses, A40 and M40 are easily accessible making Headington a convenient commute to London. There are a good selection of local shops and amenities.

Auctioneers note

We are selling on behalf of mortgagees not in possession which means we are unable to gain access to the property. We advise any potential purchaser to do their due diligence and externally view the property, if possible.

Potential rental yield

We have been advised by a local letting estate agent that the potential rental income is £1,350 - £1,400 per calendar month and £16,200 - £16,800 per year. This offers any prospective purchaser a Gross Yield of 10.8% - 11.2% based on the guide price.

Viewings

We advise any prospective buyer to view externally, if possible, and to complete there own due diligence.

Notice to bidder

Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.

Full details

Please note that the Pictures and floorplan have been provided from a historic set of property particulars and we therefore cannot confirm their accuracy.

**EPC The buyers attention is drawn to the fact that the seller has been unable to obtain an EPC. By exchanging contracts, the buyer

Additional Fees
Buyers Premium: Buyers Premium of £600 including VAT.

Administration Charge - Buyers Administration Charge of £1,200 including VAT.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.