Lot 89 First Floor Studio Flat For InvestmentAuction Date:
24th July 2025
Flat 3, Wallsend House, Richmond Road, Pevensey Bay, Pevensey, East Sussex, BN24 6AU
Currently let at £8,760 per annum
This first floor studio flat is situated in the centre of Pevensey Bay within easy access of the beach, countryside and village high street, with pubs, restaurants, cafes, churches and shops. There are mainline railway links to Eastbourne, Hastings, Brighton and London and the property is five miles from Eastbourne town centre with its further local amenities.
Ground Floor
Communal entrance.
First Floor
Living room/Bedroom, Kitchen and shower room/W.C.
Outside
Allocated parking space.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £730 per calendar month.
Tenure
Remainder of a 125-year lease from and including 29th September 2014 at a current ground rental of £300 per annum.
EPC Rating D
Council Tax Band A
Further Information
Jade Flood/Richard Payne
on 01273 504232
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Applicants may view the lot externally only
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Local Information
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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
