Lot 7 - Oak Apartment Sturmer Road, New England, Essex, CO9 4BD

  • Unconditional Online Auction Sale
  • Guide Price* : £9,000+
  • Bedrooms: 3
  • Bathrooms: 1

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Lot 7 - Apartment for Homeowner Occupation / Investment

Description

ONLINE AUCTION from 7th OCTOBER - 9th OCTOBER 2025

Oak apartment is in the a great central location of New England in Essex and has good travel links to many locations. The property is located on the A1017 connecting the counties of Cambridgeshire, Suffolk and Essex.

We have to offer a first floor 3 bedroom apartment in a delightful area of Birdbrook, New England.

Spacious Open Plan kitchen/Living area with bedroom one, bedroom two and bedroom three along with a bathroom, storage cupboard and water tank cupboard.

The property is in the stage of being refurbished, but not completed. The kitchen is the last room to complete along with carpets/flooring throughout.

If this was rented out as a Holiday Let investment a gross income of approximately £32,000 per annum could be generated if the property was rented out with a high standard.

Investment opportunity:
This is a great opportunity for an Investor to rent the property out on a long term basis, serviced accommodation and or a holiday let.

Ground Rent:
£1.00 per annum

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Accommodation

First Floor Open plan Kitchen / Living area, Beds 1,2,3 and Bathroom
Outside Parking area

Tenancies

To be sold with vacant possession however we anticipate a rental value of £1,500 - £1,700 per calendar month if renovated to a high standard.

Tenure

Advised Leasehold however successful purchaser will have a share of the management company - New 999 Lease - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium of 1.5% of the purchase price (subject to a minimum of £1,500) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.

* 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.

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Paul Fosh Auctions
01633 254044

Office Contact

Sean Roper

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Auction Finance

As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.

If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.

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