Lot 50 Vacant First Floor Garden Flat And Ground Floor Ground Rent InvestmentAuction Date:
7th February 2024
104 & 104A Valkyrie Road, Westcliff-on-Sea, Essex, SS0 8AP
Situated at the northern end of Valkyrie Road, the property is well positioned for local shopping and public transport in London Road, and is approximately half a mile from Westcliff Railway Station (C2C) providing regular services to London (Fenchurch Street).
This semi-detached building is arranged as two self-contained flats at first and ground floor levels. The ground floor flat has been sold on a long lease, while the vacant first floor flat is in need of modernisation although has double glazed windows and a gas heating system via radiators. Once the first floor flat has been improved it may be suitable for investment, owner occupation or resale.
104 Valkyrie Road - Ground Floor Flat
Tenure
Sold on a long lease of 125-years from 1st January 1994 at a current ground rental of £75 per annum.
104A Valkyrie Road
Ground Floor
Separate front entrance via communal door.
First Floor
Landing, two bedrooms, bathroom, separate W.C., kitchen, living room to front and smaller third bedroom. Staircase down to rear garden.
Outside
Front and rear gardens, with side access.
Council Tax Band B
Freehold with Part Vacant Possession
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
