Lot 171 Leasehold InvestmentAuction Date:
18th September 2024
Flat 3, 4 Pelham Place, Pelham Road, Seaford, East Sussex, BN25 1EN
Currently let at £8,400 per annum
This one-bedroom converted flat forms the whole of the first floor of this bay-fronted mid-terrace property and is situated just off Seaford seafront. It is currently let and has an electric heating system and is fully double glazed throughout. The flat is in good decorative order and enjoys panoramic views over the town centre and surrounding countryside from the front and rear.
The property is situated between Dane Road and West Street, being within easy reach of the comprehensive shopping facilities of the town centre, including the seafront and mainline railway station. There are excellent road links to Eastbourne, Brighton, and all surrounding areas via the nearby A27 and A259.
Ground Floor
Communal hallway with stairs leading to:
First Floor
Entrance hall, living room, kitchen, bedroom and bathroom with W.C.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £700 per calendar month.
Tenure
Remainder of a 99-year lease from 1st July 1981.
Council Tax Band A
Viewing
External only.
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
