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Modern 1 bed Apartment property

Available

For Sale

Listed Jul 16, 2025

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£80,000

Available

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Description

"FOR SALE BY PUBLIC AUCTION ON THURSDAY, 10TH APRIL 2025 AT 12.00PM. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE

REFURBISHMENT BUY TO LET A VACANT TOWN CENTRE APARTMENT OVERLOOKING THE RIVER STOUR CONSIDERED TO BE IDEAL FOR BUY TO LET OR OWNER OCCUPATION
A one bedroom leasehold apartment in the popular Maltings Wharf development located within Manningtree Town Centre overlooking the River Stour. The property is within a Grade II listed building and benefits from allocated parking plus visitors parking. This ground floor apartment does require some modernisation and improvement however it is considered that the improved property would be popular among both owner occupiers and buy to let investors.
Entrance Hall
Lounge 18 5 x 11 5
Kitchen 8 5 x 6 5
Bedroom 8 11 x 7 5
Bathroom WC 7 2 x 5 9
We are advised that the leaseholders along with the appointed management company are in the process of replacing the windows in the block which include 4 internal windows to this property. The seller has already paid 50% of this cost and the remainder will be paid by the seller on completion of the Job or the sale whichever is sooner For more information please refer to the legal pack.
A 999 year lease commencing on 25th December 1988 with 963 years remaining. We are advised that the Freehold is owned by a residents association that have appointed a local management company.
We have been advised that there is a service charge of £1757 per annum and a ground rent of £55 per annum.
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