Lot 29 - Flat With Sea Views For Investment
Flat 4, 4 Pelham Place, Pelham Road, East Sussex, BN25 1EN
Guide Price: *
£70,000
Fees apply
Buyer's fee:Check legal pack
All fees include VAT at 20%
Holding Deposit: *£5,000
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Sold for:
£72,000Bid history
1 bidJ
12/06/2024 15:55:14 - £72,000
Currently let at £8,400 per annum
A one-bedroom converted flat forming the whole of the second floor of this bay fronted mid-terrace property just off the seafront. The flat is let and has an electric heating system and double glazing throughout. It is offered in good decorative order and enjoys panoramic views over the town centre and seafront from the front and the rear. The property is situated between Dane Road and West Street 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 surrounding areas via the nearby A27 and A259.
Ground Floor
Communal hallway with stairs leading to:
Second 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.
Council Tax Band A
Tenure
Remainder of a 99-year lease from 24th June 1980 at a peppercorn ground rent.
Summary
- Lot number
- 29
- Auction end
- 12th Jun at 16:00
- Property type
- Residential
- Tenure
- Ask Agent
- Bedrooms
- 1
- Bathrooms
- 1
- Council tax band
- Ask Agent
Summary
- Lot number
- 29
- Auction end
- 12th Jun at 16:00
- Property type
- Residential
- Tenure
- Ask Agent
- Bedrooms
- 1
- Bathrooms
- 1
- Council tax band
- Ask Agent
This property is being sold by:
Clive Emson - Sussex & Surrey
01273 504232
83 Bates Road, Brighton, East Sussex, BN1 6PF
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Clive Emson Auctioneers shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
Refreshing the Page
To make sure that you are seeing the latest information for the property, we recommend you refresh the page. This ensures you're seeing live information and not stored (cached) data. If the page disconnects from the Internet, refreshing the page will show the latest information.
Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Clive Emson Auctioneers. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
