Lot 122: RESIDENTIAL INVESTMENT OPPORTUNITY

Residential Investment - Bognor Area
Residential Investment - Bognor Area
Mead Lane street view
Available At £190,000 + Fees
41 Mead Lane, Bognor Regis, West Sussex. PO22 8AW

Currently let at £10,800 per annum

Viewing by arrangement with Clive Emson Auctioneers

01273 504232

Sam Kinloch/Clive Slade

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An excellent opportunity to acquire a mid terrace house situated in a popular residential area of Bognor Regis. Mead Lane is located close to Hotham Park and one mile north of Bognor Regis town centre offering a wide variety of local shops, amenities and mainline railway station.

The property has been well maintained and is let to provide a good income. The property provides well proportioned living accommodation with three bedrooms and good sized rear garden.

Ground Floor

Entrance hall, living room (currently used as a bedroom) and kitchen breakfast room with understair storage and larder.

First Floor

Landing with storage, two bedrooms, further bedroom (currently used as storage) and bathroom with W.C.

Outside

Rear garden with rear access and W.C.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £900 per calendar month paid six monthly in advance.

Residential EPC: D

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/

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The map and satellite images are based on postcode information and are available for for directions only. The may not necessarily show the exact lot being offered, but will be in close proximity. Please refer to the sale plan in the legal documentation for precise details of the lot to be sold.

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