A Vacant First and Second Floor Three Bedroom Maisonette

Tenure

Leasehold. The property is held on a 99 year lease from 29th September 1973 (thus approximately 56 years unexpired).

By Order of the Mortgagees in Possession

Location

The property is situated in the East Sussex area of Bexhill-on-Sea close to local shops and amenities. The open spaces of Egerton Park are within easy reach. Transport links are provided by Bexhill and Collington rail stations. Note The LHA rates for a 3 bedroom property in this postcode is £159.95 per week. Thus potential income of £8,317.40 per annum (source: https://lhadirect.voa.gov.uk).

Accommodation

First Floor Two Reception Rooms Kitchen Bathroom with WC & wash basin Second Floor Three Bedrooms Shower Room

Viewing Details

The vendor has advised that due to structural issues with the external staircase, buyers are strongly advised not to enter the property and no internal viewings are to be conducted.

Addendum

The vendor has advised that due to structural issues with the external staircase, buyers are strongly advised not to enter the property and no internal viewings are to be conducted. Please note that this property is subject to a Buyers Premium of £750 + VAT. This is in addition to the buyer's admin fee of £500 + VAT charged by the auctioneers.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.