Lot 74 Residential Investment Producing Just Under £11,000 Per AnnumAuction Date:
22nd March 2023
3 William Street, Bognor Regis, West Sussex, PO21 1DL
Currently let at £10,800 per annum
This attractive end-terrace period property is arranged over two floors and currently produces £10,800 per annum. It has a gas heating system via radiators, double glazing and small rear patio.
The property is conveniently located in the heart of the town centre, just off London Road, between Lion Street and Glamis Street. There are comprehensive local shopping facilities and amenities in the immediate facility with the mainline railway station and seafront within easy access. There are excellent road links to Worthing, Portsmouth and all surrounding areas are the nearby A249 and A27.
Ground Floor
Living room, dining room, kitchen and bathroom/W.C.
First Floor
Three bedrooms. (Bedroom three is accessed via bedroom two).
Outside
Small rear patio.
Tenancy
Let on an Assured Shorthold Tenancy at a rental of £900 per calendar month.
Council Tax Band B
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
