Lot 48 Freehold Block Of Six Flats For InvestmentAuction Date:
4th May 2023
26 Filsham Road, St. Leonards-on-Sea, East Sussex, TN38 0PA
Currently let at £38,767.61 per annum
This freehold block of six flats is located in a predominantly residential area on the outskirts of St. Leonards, a short distance from St. Leonards West railway station, seafront, various shops and amenities as well as its St Leonards Town Centre and St. Leonards Warrior Square railway station.
The block comprises five one-bedroom flats and one two-bedroom flat and are all currently let.
Ground Floor
Vacant office with W.C.
Flat 5
Entrance hall, kitchen, living room, bedroom and bathroom with W.C.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £575 per calendar month.
Flat 6
Entrance hall, kitchen, living room, two-bedrooms and bathroom with W.C.
Outside
Courtyard garden.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £625 per calendar month.
Flat 2
Open plan kitchen/living room, bedroom with en-suite shower room/W.C.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £510 per calendar month.
Flat 3
Living room, kitchen and bedroom with en-suite shower room and W.C.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £460.28 per four weekly.
Flat 4
Entrance hall, open plan kitchen/living room, bedroom, shower room with W.C. and access to a balcony.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £510 per calendar month.
Second Floor
Flat 1
Hallway, kitchen/dining room, living room, bedroom and bathroom with W.C.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £512 per calendar month.
Council Tax Band for all Flats - A
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
