For Sale By Auction | 19:00, 11 December 2018 | Lot 5

10H Lancaster Gardens, Southend-On-Sea, Essex, SS1 2NT

Sold £90,000

  • Flat
  • 1 Bedroom
  • Tenure: Leasehold

Call the team on 01702 33 33 99 for more information

Auction Date

Tue 11/12/2018

Auction Time

19:00

Auction Venue

The Ballroom, Park Inn Palace Hotel Church Road, Southend on Sea, Essex, SS1 2AL

Viewing Times:

Fri 23 Nov

11:30-12:00

Thu 29 Nov

14:30-15:00

Tue 4 Dec

14:30-15:00

Sat 8 Dec

11:30-12:00

THIS ONE BEDROOM FIRST FLOOR FLAT WILL BE OF INTEREST TO INVESTORS AND BUY TO LET LANDLORDS

A one bedroom first floor flat situated in a pleasant turning within walking distance of the town centre. The property benefits from gas central heating and double glazing and is currently let on an Assured Shorthold Tenancy with a rent payable of £540 per month.

Tenure

Leasehold

LOCATiON

The property is situated in a quiet tree lined avenue just off Southchurch Road (A13) so is ideally placed for the town centre and Southend Victoria railway station which is within half a mile.

ACCOMMODATION

Security entry phone system to communal entrance hall with stairs leading to the first floor. Entrance Hall Living Room - 14'9" x 11'9" (4.5m x 3.58m) Kitchen - 11'10" x 6'2" (3.6m x 1.88m) Bedroom - 10'5" x 9'1" (3.18m x 2.77m) Bathroom - 6'9" x 5'5" (2.06m x 1.65m)

EXTERIOR

Communal garden and car parking area with allocated parking space.

TENURE

The lease term is from 31st March 2016 to 1st January 2176 therefore approximately 157 years remain. The property is also sold with one tenth share of the freehold.

TENANCY

The property is currently let on an Assured Shorthold Tenancy for 12 months from 19th August 2018. Rent payable £540 pcm. The tenant informs us that he has been in occupation for over 4 years and is willing to continue the tenancy.

VIEWING

By prior appointment with the Auctioneers - Tel: 01702 333399 and at the courtesy of the tenant.

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Southend on Sea Borough Council

Additional Fees

Administration Charge - 0.6% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.

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