Lot 46 Three Flats Plus GarageAuction Date:
22nd March 2023
48 Manor Road, Worthing, West Sussex, BN11 4SH
Currently let at £24,000 per annum
These three one-bedroom purpose-built flats occupy the ground and part of the first floor of this detached two storey 1970s-style block. There is a garage, parking area and gardens surrounding the property, and all three flats are let.
The property is situated in an established residential location, close to the A259 between Lansdowne Road and St Michael's Road. The comprehensive shopping facilities and amenities of Worthing town centre, including mainline station and seafront, are situated just over a mile to the east with excellent road links to Brighton, Chichester and all surrounding areas via the nearby A27 and A259.
Flat 1
Ground Floor
Entrance hall, living room, kitchen, bathroom/W.C., and double bedroom.
Flat 2
First Floor
Entrance hall, living room, kitchen, bathroom/W.C., and double bedroom.
Flat 4
Ground Floor
Entrance hall, living room, kitchen, bathroom/W.C., and double bedroom (not inspected).
Outside
Attached garage (let with Flat 4), driveway with parking for several vehicles and communal gardens surrounding the property.
Tenancies
Each flat is let on an Assured Shorthold Tenancy. Flats 1 and 2 are let at £675 per calendar month and Flat 4 is let at £650 per calendar month, including the garage.
Tenure
Flat 1, 2 and 4 are held on 99-year leases from 1st January 1969 with a fixed term ground rent of £15 per annum, per flat.
All Flats - Council Tax Band B
Auctioneer’s Note
At the time of publication the Auctioneers have been unable to access Flat 4. These details have been provided by the Seller’s agent and interested parties must rely on their own investigations to verify the information provided.
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
