Lot 91 Six-bedroom Semi-detached House Currently Arranged As A HmoAuction Date:
7th February 2024
2 Cavendish Avenue, Eastbourne, East Sussex, BN22 8EN
Currently let at £41,100 per annum
A great investment opportunity to acquire this freehold six-bedroom, two storey semi-detached house arranged as an HMO, situated close to Eastbourne town centre and Eastbourne mainline railway station. The property is fully let producing an income of £41,100 per annum.
Ground Floor
Communal lounge/diner and kitchen. Door leading to the rear garden.
Room 1
Bedroom, shower room with W.C.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £655 per calendar month.
Room 2
Bedroom, shower room with W.C. Access to kitchenette and garden.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £655 per calendar month.
First Floor
Bathroom with W.C. and shower.
Room 3
Bedroom.
Tenancy
Let on an Assured Shorthold Tenancy let at a current rental of £400 per calendar month.
Room 4
Bedroom.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £490 per calendar month.
Room 5
Bedroom.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £545 per calendar month.
Room 6
Bedroom, kitchenette and shower room with W.C.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £680 per calendar month.
Outside
Garden areas to the front and rear.
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
