Lot 25 Block Of Three Flats For InvestmentAuction Date:
26th July 2023
24 St. Andrews Square, Hastings, East Sussex, TN34 1SR
Currently let at £17,820 per annum
A freehold investment opportunity comprising three one- bedroom flats situated in the heart of Hastings town centre. The property is located close to the Priory Meadow shopping centre, Hastings mainline railway station and seafront.
The property which would now benefit from some refurbishment work is considered ideal for continued investment or possible resale once refurbished. Following any refurbishment and in line with the current tenancy agreements it is also considered there may be scope for a rental increase.
Ground Floor Flat
Entrance hall, living room, bedroom, kitchen and shower room.
Outside
Rear garden with shed.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £495 per calendar month.
First Floor Flat
Entrance hall, living room, bedroom, kitchen and shower room.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £495 per calendar month.
Second Floor Flat
Entrance Hall, living room, bedroom, kitchen and shower room.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £495 per calendar month.
Each Flat Council Tax Band 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
