Lot 91: THREE FLATS FOR INVESTMENT

Residential Investment - Eastbourne Area
Sold £327,000
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A four storey mid-terrace block situated in the heart of Eastbourne town centre within close proximity of the The Beacon and Eastbourne mainline railway station. The property is currently arranged as three self-contained flats.

Flat 1

Lower Ground Floor

Own entrance to entrance hall, open plan kitchen and living room, bathroom with W.C., bedroom and back
yard.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £580 per calendar month.

Flat 2

Ground Floor

Entrance hall, open plan kitchen/living room, bathroom with separate W.C., bedroom.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £500 per calendar month.

Flat 3

First Floor

Entrance to bedroom, W.C., bathroom and open plan kitchen/living room.

Second Floor

Further bedroom.

Tenancy

This flat is currently vacant but was previously let at £700 per calendar month.

Freehold with Part Vacant Possession

Residential EPC: E

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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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