Lot 62 - ONE BEDROOM SECOND FLOOR FLAT FOR INVESTMENT

Sold After

Currently let at £9,540 per annum

This second floor flat is situated in a residential area of Pilgrims Hatch, just outside of Brentwood. The main High Street offers shopping, bars, restaurants and transportation links, including the mainline railway station to London (Liverpool Street).

The property has a gas heating system via radiators, entry phone system, double glazed windows and neutral internal decoration.

Ground Floor

Communal entrance with stairs leading to:

Second Floor

Landing, private entrance door to reception hallway, living room, kitchen, bedroom and bathroom with W.C.

Tenancy

Let on an Assured Shorthold Tenancy for a period of 12 months from 10th October 2020 at a current rental of £795 per calendar month.

Tenure

Remainder of a 125 year lease from 19th August 1985 at a current ground rental of £10 per annum.

Auctioneer's Note

The images provided for marketing were taken prior to the current tenant's occupation.

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/