Lot 67

FREEHOLD BLOCK COMPRISING GARDEN FLAT AND TWO BEDROOM MAISONETTE

29 Southwater Road, St Leonards-on-Sea, East Sussex, TN37 6JR
29 Southwater Road, St Leonards-on-Sea, East Sussex, TN37 6JR
Sold £183,000

Estimated rental £11,700 per annum

An excellent opportunity to acquire this four storey mid- terrace block comprising three self-contained flats, one of which is sold on a lease from 1987 with the remaining two being offered with vacant possession.

The vacant flats each have double glazed windows and gas heating system via radiators. They are considered suitable for either immediate owner occupation, individual re-sale or let to provide a good income.

The property is situated in a predominantly residential area within close proximity of Warrior Square mainline railway station, Kings Road shopping area and the seafront.

Garden Flat

Private street entrance, entrance vestibule, hallway, living room, kitchen, bedroom and shower room/W.C.

Outside

Private courtyard garden.

Ground Floor

Communal entrance.

Ground Floor Flat

Tenure

Sold on a 99 year lease, from 25th December 1987. Further lease details will be available from the Auctioneer's Office. Tel: 01273 504232.

Top Floor Maisonette

Private entrance.

First Floor

Living room and kitchen.

Top Floor

Two bedrooms, bathroom and separate W.C.

Freehold with Part Vacant Possession

Important

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/