Lot 95 Ground Floor Flat For Improvement Plus Ground Rent InvestmentAuction Date:
16th June 2022
18 Ilfracombe Road, Southend-on-Sea, SS2 4PB
A ground floor flat situated approximately one mile to the east of Southend city centre, off South Church Road (the A13). The property is well placed for shopping, bars, restaurants and recreational facilities, and with rail connections to London (Fenchurch Street) via Southend East railway station within a quarter of a mile, and London (Liverpool Street) via Southend Victoria approximately one mile away.
The flat has its own rear garden, off-road parking, and offers potential to reconfigure to the existing accommodation to create a two-bedroom flat, subject to all necessary consents being obtainable.
Ground Floor Flat
Living room, kitchen/dining room, utility area, bedroom and bathroom with W.C.
Outside
Off-road parking to front, own rear garden, outbuilding and store room.
Council Tax Band A
First Floor Flat
Tenure
Sold on a 125-year lease from 25th March 2017 at a current ground rent of £150 per annum.
Freehold with Part Vacant Possession
There is an addendum available to be read
in conjunction with the legal documentation.
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 Buyers Fees
