The property is being sold with tenant in situ happy to remain (subject to terms) or happy to vacate prior to completion. Accommodation comprises of: reception hall, lounge/dining room with access to balcony and kitchen to the first floor and to the second floor there are three double bedrooms, bathroom and separate w.c. The estimated yield for this property is around 7.5-8% There are a selection of local shops within close proximity of the property as well as being within a 20 minute walk to Chelmsford train station and having regular bus services to the city centre with bus stops located in Meadgate Avenue. The property is conveniently positioned offering excellent access to the A12 for those travelling north or south of Chelmsford. The property is also within a short distance of meadow and field walks making the countryside ever so closer to the city lifestyle. Auctioneer comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.