1 bed flat for sale

Seaside, Eastbourne BN22

Summary

A well proportioned one bedroom apartment situated on the second (top) floor of a converted building in the highly sought-after Seaside area of Eastbourne, just moments from the seafront. The property is offered with a tenant in situ, currently achieving 725 per calendar month, making it an ideal buy-to-let investment.

The accommodation benefits from gas central heating and double glazing, providing comfort and efficiency throughout. The lease has in excess of 140 years remaining, offering long term security for prospective purchasers.

Perfectly positioned adjacent to Eastbourne seafront, the apartment is also a short walk from the town centre and mainline train station, with a wide range of shops, cafs, restaurants, and local amenities close by. An excellent opportunity for investors seeking a well located, income producing property in a popular coastal location.

Entrance - Communal entrance with stairs to second floor private entrance door to -

Hallway - Radiator. Bay Windowed

Lounge/Dining Room - 5.64m x 3.91m (18'6 x 12'10 ) - Radiator. Double glazed bay window to front aspect.

Fitted Kitchen - 2.84m x 1.42m (9'4 x 4'8 ) - Range of fitted wall and base units. Worktop with inset single drainer sink unit. Space for cooker and fridge/freezer. Plumbing and space for washing machine. Boiler.

Bedroom - 3.35m x 3.10m (11'0 x 10'2 ) - Radiator. Built-in wardrobe. Double glazed window to rear aspect.

Bathroom/Wc - Suite comprising shower cubicle. Low level WC. Wash hand basin. Radiator. Storage cupboard.

Council Tax Band: A
Tenure: Leasehold
Length of Lease: 144
Annual Service Charge Amount: 2,420.00
Service Charge Review Period: Sc & gr

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.