About the property
Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £90,000.
A nice size 2nd floor (top floor) conversion with one double bedroom and great potential for a First Time Buyer or a Buy To Let Investment. No chain.
Immediate ‘exchange of contracts’ available. Being sold via ‘Secure Sale’.
This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.
LOCATION:
The property enjoys a highly sought after location within the heart of Eastbourne town centre, being just across the road from the recently extended Beacon Shopping Centre with new cinema and the mainline railway station (London, Victoria approx 80 minutes). The seafront with its famous Victorian pier is approximately half a mile away.
ACCOMMODATION:
Communal main front entrance door with security entry-phone system and key-code entry leads to the communal hall. Stairs lead up to the 2nd floor (top floor) landing. Private door with spyhole to:
ENTRANCE HALL:
Overhead loft access hatch. New trip switches. Security entry-phone handset. Doors to all rooms.
LOUNGE / DINING ROOM: (front) Approximately 19’1 x 14’4. (slightly irregular shape).
Two night storage heaters. TV point. Two windows with pleasant outlook past the Beacon Shopping Centre and the train station.
KITCHEN / BREAKFAST ROOM: (side) Approximately 11’7 plus door well x 6’9.
Modern contoured work-surface with inset single draining stainless steel sink unit with mixer tap, having storage space and a double cupboard under. Adjoining work-surface with three drawers and plumbing and space for a washing machine under. Space for cooker. Work-surface with cupboard under. Ample space for table and chairs. Wall units. Partly tiled walls. Vinyl type flooring. Extractor fan. Window overlooking The Beacon Shopping Centre.
DOUBLE BEDROOM: (side) Approximately 13’11 x 9’2.
Night storage heater. Window.
BATHROOM / WC:
Modern white suite comprising a panelled bath, pedestal wash hand basin and a low level flush WC unit. Partly tiled walls. Fitted shower screen. Heated towel rail. Extractor fan. Built-in airing cupboard with pre-lagged hot water cylinder with immersion heater and fitted shelving. Two windows.
LEASE: Currently 99 years from 2002. BUT THIS WILL BE EXTENDED to provide approx 166 years.
GROUND RENT: £250 per annum.
MAINTENANCE: Approximately £900 per annum.
Please Note: Appliances, heating and hot water systems have not been tested.
All measurements are approximate.
Purchasers must seek confirmation from their own solicitor with regards to the exact terms of the lease and the exact charges for any ground rent and maintenance.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
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’ / ‘Starting Bid’.
A Legal Pack associated with this particular 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 of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
