Lot 86 Two Bedroom Flat For InvestmentAuction Date:
1st November 2023
Flat 39, Audley Court, 1 Forge Way, Southend-on-Sea, Essex, SS1 2ZS
Currently let at £9,900 per annum
A two-bedroom apartment located within close proximity to Southend's seafront, shops, restaurants and recreational facilities. Audley Court is a secure development of modern flats and, we understand, the flat has an allocated parking space. The nearest station is Southend East (regular C2C services to London Fenchurch Street). We understand that the property has double glazed windows.
Accommodation
Living room, kitchen, family bathroom, en-suite shower room with W.C. and two bedrooms.
Tenancy
We understand the tenant has been in occupation since 2018, paying a current rental of £825 per calendar month. A Notice under Section 8 of the Housing Act has been served, which expired on 19th July 2023.
Auctioneer's Note
The Auctioneers have been unable to internally inspect the property and the internal photographs have been provided by the Seller. Interested parties should rely on their own investigations to verify the information provided.
Tenure
Remainder of a 125-year lease, from 1st January 2003.
Council Tax Band C
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
