Sold for £92,000

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By Order of a Housing Association

A 1 bedroom first floor apartment (542 sq ft) within 100 yards of the seafront. The property will benefit from refurbishment and is vacant.

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Description/Location

Prime location adjacent to the Esplanade, this spacious apartment would make an ideal rental investment. The space could be reconfigured to create a 2 bedroom layout subject to the necessary consents.

Tenure

Leasehold: 99 years from 25/03/1981
Energy Rating: E

Local Authority

West Sussex County Council

Viewing

Network Auctions - 020 7871 0420

Accommodation

First Floor: Entrance hall, sitting room, kitchen / dining room, double bedroom, bathroom.

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*Guide Price & Reserves

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.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.