Auction

Flat in SN1 South East - Apartment

£ 90,000

Added: 25/06/2025

Key info

2Bedrooms

1Bathrooms

58 sqmSize

Property description

Strategy: Auction

LOT 25
FOR SALE BY ONLINE AUCTION
THURSDAY 10th JULY 2025
GUIDE PRICE £90,000+

Spacious 2 bedroom purpose built first floor flat situated in the popular Old Town area of Swindon with nearby park & allocated parking space.

The accommodation comprises; entrance hall, living/dining room leading into kitchen, 2 bedrooms and a bathroom. The property which has double glazing and electric heating measures about 58m².

The property is leasehold with a term of 189 years commencing 2003 and a ground rent / service charge of about £1725pa.

Ideal first time buy or investment with a potential rental income of about £1000pcm which equate to about £12,000pa.

What3Words: ///kings.grin.basic

Situation & Description - Spacious 2 bedroom purpose built first floor flat situated in the popular Old Town area of Swindon with nearby park & allocated parking space.

The property is situated in a mixed residential/commercial area only a short distance from both the town centre and Old Town. Swindon is a large and expanding town with a wide range of shopping, entertainment and leisure facilities. There is a mainline railway station and access to the M4 motorway.

The accommodation comprises; entrance hall, living/dining room leading into kitchen, 2 bedrooms and a bathroom. The property which has double glazing and electric heating measures about 58m².

The property is leasehold with a term of 189 years commencing 2003 and a ground rent / service charge of about £1,725pa.

Ideal first time buy or investment with a potential rental income of about £1000pcm which equate to about £12,000pa.

Viewings - To arrange a viewing, contact: Auctions Office on .

There will be numerous pre-arranged open house viewing slots lasting for 30 minutes and you can book in by contacting the Auctioneers.

If you have any concerns with viewings, please contact the relevant Strakers office and we would be happy to discuss them with you and hopefully put you at ease.

Online Auction - In order to bid at Strakers Online Auctions, you will first need to create an account by providing your contact details. You will be asked to read and accept our Online Auction Terms and Conditions. In order to bid online, you will be required to register a credit or debit card for the bidder security deposit. Strakers are required by law to carry out an online anti-money laundering check on all persons wishing to bid. In general terms, you are strongly advised to view the property and take professional advice as to its condition and suitability.

When the auction opens at 8am the day of the auction, you will be able to place bids in line with the pre-determined bid increment levels, using the bid increase (+) and decrease (-) buttons provided. It is recommended you check your web browser will allow you to bid in good time as some browsers' security can block the ability to bid. We recommend using Google Chrome when possible.

Legal Pack - You can download or pre-register for the legal packs via our website by using the ‘Menu’ at the top of the page and selecting ‘Auctions’, then ‘Current Auction’. This will produce a lot list. Find the lot of interest and click ‘View Legal Documents’. You will need to sign-up by entering your email address and creating a password the first time you use this, your log-in will stay valid for all of our future auctions. The legal pack may not be available straight away, but as long as you have registered to receive it you will be notified as soon as it is available.

Reserve & Guide Price - Generally speaking Guide Prices 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. 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.

+ Fees - If you are the successful bidder, you will then be asked to sign the auction contract and pay a 10% deposit and a buyers fee of £600 including VAT on any Lots purchased at or below £99,999 or £1,200 including VAT on any lots purchased at £100,000 or above. There may be additional fees listed in the Special Conditions of Sale payable to the seller and buyers are advised to check this prior to bidding.

Disclaimer - These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements and distances are approximate only. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.

Sourced reference: 163144379

... See more

Sales Agent

Strakers Auctions

Chippenham

Smart support to move your deal forward

Fund it right

Explore investor friendly mortgages and funding options tailored to your goals.

Find Finance

Line up managament

Find a trusted property management company to help keep your investment running smoothly.

Find Management

Location

Disclaimer

Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.

... See more

Sales Agent

Strakers Auctions

Chippenham

Smart support to move your deal forward

Fund it right

Explore investor friendly mortgages and funding options tailored to your goals.

Find Finance

Line up managament

Find a trusted property management company to help keep your investment running smoothly.

Find Management

What is a Sourced Approved Investment?

These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.

  • Pre-vetted for investment potential
  • Due diligence carried out
  • Tailored for investor goals
  • Backed by Sourced's expertise and network

Other deals you may like...

Gain access to Sourced

Explore our full suite of property investment products and services.

Create a free account

Start exploring your Sourced dashboard

Create account

By proceeding you are agreeing to our
Terms of business and Privacy Policy

Ok message

Error message