Franklyn Court, Edinburgh Place, Cheltenham, GL51 7SF
£35,000
Guide Price
Property Features
- 2-bedroom flat (481 sq ft) situated above commercial
- Competitively priced for 28-day auction
- Service charge - £1,200 pa
- Ground rent = £0 pa
- Lease Length = 113 -114 years
- Previously let (pre-refurb) for £850 pcm
- Spacious lounge kitchen diner (236.07 sq ft)
- Bedroom 1 (109.12 sq ft)
- Bedroom 2 (75.33 sq ft)
- Sizable bathroom (27.08 sq ft)
- EPC Energy Rating E
- Council Tax Band A
- Allocated parking
- Close to all essential amenities in Cheltenham
Property Summary
This property is to be offered for sale by PROPERTY SOLVERS ONLINE UNCONDITIONAL AUCTION (28-DAY IMMEDIATE EXCHANGE).Property Solvers Online Auctions is delighted to present this 481 sq ft 2-bedroom flat located in Franklyn Court, Edinburgh Place, Cheltenham.
Situated within the popular area of Cheltenham, this well-positioned two-bedroom flat at Franklyn Court, Edinburgh Place, offers a practical and appealing opportunity for a wide range of buyers. The property provides well-proportioned accommodation with two bedrooms (bedroom 1 (109.12 sq ft) and bedroom 2 (75.33 sq ft), a spacious lounge/kitchen diner (236.07 sq ft), and a sizable bathroom (27.08 sq ft), making it an ideal choice for professionals, downsizers or investors.
The property benefits from a convenient layout and offers an excellent opportunity for a buyer looking to create a comfortable home or enhance the property further. With two bedrooms and versatile living, there is plenty of scope to personalise the space to suit individual requirements. Its location also makes it an attractive option for landlords seeking a property in an established residential area with potential rental appeal.
Franklyn Court is conveniently located for access to Cheltenham's extensive range of shops, restaurants, leisure facilities and amenities, while the surrounding area provides good access to transport links and the wider Gloucestershire region. Whether you are looking for a home or an investment, this two-bedroom flat represents an opportunity to secure a property in a well-connected part of Cheltenham.
More Information
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28-day unconditional auction terms + conditions, AML requirements and fees are available on our website (Google "Property Solvers Auctions" and select "Auction Property for Sale" in the navigation).
The preliminary legal pack can be viewed directly via the auction listing itself. Property Solvers Auctions will update the legal pack and inform all parties that express interest in bidding. For conveyancing searches that are not received in time for the auction, a Professional Indemnity Insurance policy can be taken out.
Notice to Bidders
Please be aware that if your bid is successful on auction day, the exchange of contracts will happen immediately after the Auction. A 10% deposit will be required.
As part of the Property Solvers Online Auction process, bidders will be required to register online and provide proof of ID documents (passport and photo driving license). For a full list of requirements, please see the legal pack documents.
Buyer Reservation Fee
A 2% + VAT (non-refundable) fee (subject to a minimum of £2,000 + VAT) plus a £125 + VAT processing fee will be due from the winning bidder.
Generally speaking, guide prices are provided as an indication of each seller's minimum expectation, i.e. 'the reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Virtually every 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.
