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Flat 7 Preston Court, 30 Upper Avenue, Eastbourne, BN21 3ZE

Lot no: 115 Re-entry to a future auction
 

Guide Price £120,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 26th November 2020

10.30am
Key Features
  • Two bedroomed second floor flat
  • Let and producing £7,200 per annum
  • Close to Eastbourne town centre
  • Excellent opportunity
  • EPC Rating: B
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Re-entry to a future auction

Flat

Property Description:

This second floor, two bedroomed apartment is situated in the Upperton area within close proximity to Eastbourne Town Centre and Railway Station.

A super investment for any investor looking to start of add to their portfolio.

The auctioneers have not inspected the property but believe it to comprise -

Entrance Hall

Entry phone system into entrance hall, airing cupboard and wood effect flooring.

Kitchen: 3.07m x 1.65m (10' 1" x 5' 5")

Fully fitted modern kitchen comprising wall and base units with work surface over, integrated stainless steel sink and drainer unit, electric oven, hob with cooker hood over, integral fridge freezer and plumbing for washing machine.

Lounge: 5.92m x 4.01m (19' 5" x 13' 2")

Double glazed windows to the front, side and rear aspects, wood effect flooring.

Bedroom 1: 2.77m x 2.64m (9' 1" x 8' 8")

Double glazed window to the front aspect, telephone point.

Bedroom 2: 2.95m x 1.96m (9' 8" x 6' 5")

Double glazed window to the front aspect.

Bathroom

Comprising double walk in shower cubicle, WC, vanity wash hand basin, tiled flooring and shaver point.

NOTE

Leasehold - we are informed that the lease length is 150 years and began in 2015.

Tenure:

Leasehold.



Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.