Lot 75

FREEHOLD BLOCK OF FIVE FLATS

23 Bedford Grove, Eastbourne, East Sussex, BN21 2DU
23 Bedford Grove, Eastbourne, East Sussex, BN21 2DU
Sold Prior

Currently let at £30,960 per annum

An exciting opportunity to acquire this well presented end-terrace property converted to provide five flats over three floors.

With grand staircase and wide communal areas, the Victorian property has been in the same ownership for over 30 years and has been well maintained throughout that time.

The block, which comprises three, one bedroom flats and two studio flats, has a fire alarm system, double glazing throughout and coin fed electric meter in each flat. The Seller has also advised that two residents’ parking permits are available for each residence at £25 each for 12 months.

Providing a good income, the block is considered ideal for immediate investment or may hold future potential for conversion back into a family home, subject to all necessary consents being obtainable.

23 Bedford Grove is located in a popular residential area of Eastbourne, offering easy access to a wide variety of local shops and amenities. Eastbourne town centre and mainline railway station are approximately 0.5 miles from the property offering services along the coast and to London.

Ground Floor

Flat 1

Living room, kitchen, shower room with W.C and bedroom with door leading to rear garden.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at the current rental of £560 per calendar month.

Flat 5

Living room/bedroom, kitchen, bathroom with W.C and small private rear garden. The Flat has access to the basement but it is not included within the Tenancy Agreement.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at the current rental of £470 per calendar month.

First Floor

Flat 2

Living room with storage cupboard and open plan kitchen, hallway with fire door leading to communal hallway, shower, W.C and bedroom.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at the current rental of £515 per calendar month.

Flat 3

Living room/bedroom, kitchen, shower room with W.C.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at the current rental of £495 per calendar month.

Second Floor

Flat 4

Entrance hall, living room with storage cupboard and open plan kitchen, shower room with W.C and bedroom with wardrobe and storage cupboard.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at the current rental of £540 per calendar month.

Local Planning Authority

Eastbourne Borough Council. Tel: 01323 415210. Website: eastbourne.gov.uk.

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/