Lot 3

FREEHOLD END-TERRACE HOUSE LET TO STATUTORY TENANT

18 Groomsland Drive, Billingshurst, West Sussex, RH14 9HA
18 Groomsland Drive, Billingshurst, West Sussex, RH14 9HA
Sold £265,000

Currently let at £3,204 per annum Estimated rental £14,400 per annum

An end-terrace three bedroom 1950s style house let to a statutory tenant in this established residential location. We understand from the vendor that the tenant has been in occupation since 1968 and has been paying £267 per month since 2003 with an application for rent registration submitted this year to significantly increase the rent.

It is situated in this cul-de-sac in a terrace of four, just off Natts Lane, within easy walking distance of the centre of Billingshurst, with its mainline station, comprehensive local shopping facilities and amenities. Billingshurst is situated between Worthing and Horsham with excellent road links to London, Gatwick and all surrounding areas via the nearby A23 and A24.

Ground Floor

Living room, dining room and kitchen.

First Floor

Landing, three bedrooms and bathroom/W.C.

Outside

Gardens to the front and rear and driveway with vehicular access.

Tenancy

Let on a Registered Rent of £267 per calendar month since 2003, with an outstanding application to register the rent from 10th January 2022 to £1,200 per calendar month.

Auctioneer's Note

At the time of publication the Auctioneer's were unable to inspect the property internally and have relied on information provided by the Rent Register. Interested applicants are advised to make their own enquiries regarding the property.

We are not carrying out any viewings on this property and under NO circumstances is the tenant to be approached.

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/