Flat
A two bedroom ground floor flat within a two storey building close to the beach. The property benefits from off road parking.
The accommodation has its own entrance into a lobby, then opens into a central hall of which all the rooms run.
The spacious west-facing lounge has a large bay window allowing lots of natural light, both bedrooms are good-sized doubles with the main leading into a conservatory and garden, and are complemented by a modern bathroom suite.
The separate kitchen has storage and pantry cupboards. The property is freehold and currently tenanted so has potential as an investment.
The beach is at the end of the road with cycle routes and coastal walks, the 700 Coastliner bus route connecting into Brighton and west to Chichester. Worthing town centre with its shopping and leisure facilities is close as is Shoreham.
The property is being sold subject to an AST dated 26/09/2024 expiring 25/04/2025 producing an income of £865 pcm. There is a mutual 2 month break option.
68 M.Sq. / 736.3 Sq.Ft.
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Rivers and Seas Low. Surface Water Medium.
Standard 4 mbps Superfast 37 mbps Ultrafast 1000 mbps.
BT, Sky and Virgin are available.
O2, EE, Three and Vodafone are available.
Cavity wall, as built, no insulation (assumed).
We are informed there is a restrictive covenant not to use the Property for any other purpose than a private residential dwelling, which will prevent any purchasers from being able to do any short term lets (ie. Air BnB, holidays lets, rentals not on an AST). Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Freehold. Subject to tenancy.
- Heating Supply: Gas, Double Glazing
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
Off Street
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.
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 auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).
The Buyers 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 Price
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.
