FOR SALE BY ONLINE AUCTION ON 17TH FEBRUARY 2026
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE
Description
Residential Investment - a contemporary first floor flat in Central Basildon - currently let producing £10,980 a year (£915 pcm)
This well planned first floor flat situated in this contemporary block in Morello Quarter is let on an Assured Shorthold Tenancy currently producing £10,980 a year with the current Rental Value believed to be around £1,250 pcm (£15,000 pa).
The flat benefits from a private patio area and a larger communal external seating area. There is also an allocated and secure under croft car parking space,
Ground Floor Communal Entrance Reception with Secure Entry System.
Lifts providing access to all floors and lower parking levels.
First Floor Communal hallways leading from Stairs and Lifts to
Personal entrance Door
Cloakroom/WC
Entrance Hall
Lounge/Kitchen/Diner 28'8" x 16'11" (maximum)
Bedroom 13'8" x 7'2" Patio Doors to Private Patio
En-suite 7'3" x 7'2"
External Private Patio 7'9" x 7'2" leading to Communal seating area.
Secure Basement Allocated Car Parking Space (#344 on upper parking level)
Council Tax Band B
Leasehold Information Term: 125 years from 1 January 2009 (108 years remaining)
Annual ground rent amount: Please refer to Legal Pack
Ground rent review period: Please refer to Legal Pack
Annual service charge amount: Please refer to Legal Pack
Service charge review period: Please refer to Legal Pack
Tenure: Leasehold
Lease Details: 125 years from 01/01/2009
EPC Rating: C
Council Tax Band
B
EPC Rating
C
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Buyers Premium
£1,200 inc VAT payable on exchange of contracts.
Administration Charge
Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.
Loading the bidding panel...
- 1 Bedroom
- Unconditional (Immediate Exchange)
Call the team on 01603 505 100 for more information
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.