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For Sale By Auction | 12:00, 21 September 2022

20B Satanita Road, Westcliff-On-Sea, Essex SS0 8DE

*Guide | £140,000 (plus fees)

  • Flat
  • 2 Bedrooms
  • Tenure: Leasehold

Call the team on 01702 33 33 99 for more information

Auction Date

Wed 21/09/2022

Auction Time

12:00

Auction Venue

LIVE STREAM, www.AuctionHouse.Online

Viewing Times:

Wed 17 Aug

11:45-12:15

Tue 30 Aug

14:00-14:30

Mon 12 Sep

11:00-11:30

Sat 17 Sep

10:00-10:30

A TWO BEDROOM GROUND FLOOR FLAT CURRENTLY LET ON AN EXPIRED ASSURED SHORTHOLD TENANCY AGREEMENT GENERATING £8,400 PER ANNUM THUS A YIELD OF 6% IF PURCHASED AT GUIDE

The property is located in a popular residential location close to shops and amenities, to the rear of the building is this flat with direct access to the garden and an allocated off street parking space to the front. The tenant has been in residence for several years and has indicated that he would like to remain in the property.

Tenure

Leasehold

ACCOMMODATION

Entrance Hall Lounge: 12'6" x 9'0" (3.83m x 2.75m) Kitchen: 12'10" x 6'5" (3.92m x 1.98m) Bedroom 1: 10'2" x 9'8" (3.11m x 2.96m) Bedroom 2: 9'4" x 6'10" (2.86m x 2.09m) Bathroom: 7'3" x 4'5" (2.23m x 1.35m)

EXTERIOR

The front of the property is concreted allowing for allocated parking bays for some of the flats, the rear garden is a communal garden accessed directly from the flat, other flats may access from the side gate but never do so.

LOCATION

Westcliff-on-Sea is a suburb of the city of Southend-on-Sea, in Essex in the south east of England. It is on the north shore of the lower Thames Estuary, about 34 miles (55 km) east of London. The property is located in a desirable residential location with sea views from the street, Westcliff Mainline Railway Station is about 500 yards to the East of the property offering C2C Services to London Fenchurch Street. The A13 London Road is located about 700 Yards to the North of the Property offering excellent road access. The seafront, Shops, Bars, Pubs and Restaurants are all within a few minutes walk from the property.

VIEWING

Strictly by appointment with the Auctioneer Tel: 01702 333 399

NOTES

Ground Rent is £50.00 per annum Building Insurance is £417.00 per annum divided between the 4 flats The Lease is 99 years (Less 10 days) from 25th March 1986 thus 63 years remaining UPON SALE The Freeholder will grant an additional 99 years for a cost of £2,500.00 plus £840.00 legal fees

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Southend on Sea Borough Council

Additional Fees

Buyer's Premium - 1.2% inc VAT of the purchase price, subject to a minimum of £1800 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.