Sold for £60,000

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A 1 bedroom house (559 sq ft, source EPC) forming part of retirement complex within walking distance of the vibrant town centre and harbour, vacant.

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Description/Location

This attractive Grade II listed development is designed for residents aged 55 yrs+ and provides communal facilities including 4 landscaped garden areas and, residents lounge, guest rooms, parking for residents and guests, laundry facilities and an on-site manager. Great location close to the varied amenities of this popular seaside town. The property is entirely self contained with it's own front door in a courtyard setting, it is well presented and ready for occupation. We estimate the current rental value is £700+ pcm.

Tenure

Leasehold: 125 years from 25/12/1987 (91 years unexpired)

Local Authority

West Sussex County Council

Viewing

Network Auctions - 020 7871 0420

Accommodation

Ground Floor: Entrance hall with stairs to first floor, sitting room, kitchen. First Floor: Landing, double bedroom, bathroom. Outside: Extensive communal grounds.

Rent

ERV: £8400 pa

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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.