Lot 31 First Floor One-bedroom Flat For InvestmentAuction Date:
2nd November 2022
Flat 3, The Old Manse, Trevenner Square, Marazion, Cornwall, TR17 0BJ
Currently let at £5,875.92 per annum
A long-term investment opportunity to acquire this one-bedroom first floor flat situated in the extremely sought after coastal town of Marazion with the famous St Michael's Mount in view and many local amenities close by.
The property has recently externally been updated while internally it requires complete updating throughout and will appeal to investors looking to start or add to a rental portfolio.
Ground Floor
Access from the rear of the property via external steps.
First Floor
Entrance hall, bedroom, bathroom and open-plan kitchen/dining/living room.
Outside
Communal entrance area and bin store.
Council Tax Band A
Tenancy
Let under a Protected Tenancy Agreement at a current rental of £489.66 per calendar month. Further information will be available in the legal documentation which can be downloaded from the Clive Emson website.
Tenure
To be sold with a share of the freehold under the terms of a new 999-year lease. Further details will be available in the legal documentation.
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
