£115,000

1 bed flat for sale
Mill Road, Maldon CM9

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: C

Auction
Leasehold
Reduced on 10/08/2026

About this property

  • One Bedroom

  • Ground Floor

  • Achieving £925PCM

  • Perfect First Time Purchase

  • Great Location

  • Modern Method Of Auction

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56-
day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A
Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack
fee.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5%
of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service
provider if the service is taken. Payment varies but will be no more than £500 inc. VAT. These services are
optional

Ideally situated just a short walk from the promenade, this ground floor one-bedroom apartment offers a generous amount of living space in a highly convenient location. The accommodation comprises a spacious lounge, a well-proportioned kitchen, a family bathroom, and a comfortable double bedroom.

Please note, the property does not come with allocated parking, so off-site arrangements would need to be made. However, its central location ensures that shops, restaurants, public transport, and other local amenities are all within easy reach.

The apartment is currently tenanted and generating a rental income of £925 per calendar month, making it an attractive investment opportunity.

Service charge - £1819.50 ground rent £200 - Years remaining 90 years

Mortgage calculator

Monthly repayment

£575 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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