Vendor: Executor

Spacious 2-bedroom, duplex maisonette (899 sq ft) with a long lease, private garden and garage. Vacant.

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Description/Location

Situated close to the Blue Flag beach and town centre facilities, the kitchen and bathroom are in good order and with minor cosmetic work the flat is ready for occupation. We estimate the current rental value is £800 - £850 pm, potential for higher returns via holiday lets.

Tenure

Leasehold: 999 years from 1990.

Viewing

Network Auctions - 020 7871 0420

Accommodation

Ground Floor: Entrance to the rear, stairs to upper floors. First Floor: Landing and stairs to second floor, sitting room, kitchen/dining room, shower room. Second Floor: Landing, 2 bedrooms. Outside: Patio garden with raised beds, garage with service road access.

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Legal documents

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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 inc 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.