COVID-19 – Important Auction Information
For Sale By Auction | 14:00, 15 December 2021 | Lot 3

225B Old Road, Clacton-On-Sea, Essex, CO15 3LT

*Guide | £70,000 (plus fees)

  • Flat
  • 2 Bedrooms
  • Tenure: Leasehold. 189 Years from 29th September 1988 thus 156 Years Remaining

Call the team on 01702 33 33 99 for more information

Auction Date

Wed 15/12/2021

Auction Time

14:00

Auction Venue

LIVE STREAM www.AuctionHouse.Online,

Viewing Times:

Wed 24 Nov

14:45-15:15

Wed 1 Dec

10:45-11:15

Sat 4 Dec

10:00-10:30

A VACANT TWO BEDROOM GROUND FLOOR FLAT WITH PARKING AND COMMUNAL REAR GARDEN WITH PRIVATE ENTRANCE

The property is is need of redecoration and repairs to the flat roof at the rear of the property. The location and size make it an ideal buy to let investment which should generate a rental income of about £7,800 per annum.

Tenure

Leasehold. 189 Years from 29th September 1988 thus 156 Years Remaining

ACCOMMODATION

Entrance Hall Lounge: 15'4" x 12'3" (4.68m x 3.75m) Kitchen: 7'0" x 6'3" (2.14m x 1.93m) Bedroom 1: 12'6" x 8'11" (3.83m x 2.74m) Bedroom 2: 8'10" x 9'3" (2.71m x 2.84m) Bathroom: 7'10" x 6'4" (2.39m x 1.95m)

EXTERIOR

The property sits on a good size corner plot, the exterior of the property shows signs of render that needs to be replaced. Parking is accessed from St Anns Road on the Northern Flank of the property. Front and rear gardens are laid to lawn.

LOCATION

Clacton-on-Sea is a seaside resort, it is also the largest town in the Tendring peninsula and district in Essex and was founded as an urban district in 1871. Clacton has a healthy tourist market due to its location and proximity with London. The property is located less than half a mile to the North of Clacton Town Centre and about a third of a mile to Clacton Mainline Railway Station with fast services to London.

VIEWING

Strictly by appointment with the auctioneer Tel: 01702 333 399

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Tendring District Council. Tel: 01255 686868

Additional Fees

Buyer's Premium - 1.2% inc VAT of the purchase price, subject to a minimum of £1950 inc VAT, payable on exchange of contracts.

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.