Vendor: Executor

A well presented 1 bedroom, ground floor maisonette (436 sq ft) with a private rear garden. Vacant.

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Description/Location

Forming part of a small, purpose built block situated close to the sandy beaches, Dreamland entertainment park and station. The property benefits from having its own front door and direct access to the garden. We estimate the current rental value is £700 pm+, higher returns available via Airbnb / holiday lets.

Tenure

Leasehold: 99 years from 24/06/1990 (65 years unexpired).
Energy Rating: C
Council Tax: A

Viewing

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Accommodation

Ground Floor: Front door to entrance hall, sitting room with patio doors to the garden, kitchen, bedroom, bathroom. Outside: Private rear garden.

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.