1 bedroom flat for sale49A Pevensey Road, St Leonards-on-Sea, East Sussex
- For sale by auction
- Investment Flat
- Bedrooms: 1
Lot 28 - This lot is for sale by auction as lot 28 on Thursday 15th February 2018.
A Leasehold Self-Contained Lower Ground Floor Flat subject to a Regulated Tenancy
Current Gross Rent Reserved
£4,530 per annum
Leasehold. The property is held on a lease for a term of 99 years from 25th March 2001 (thus having approximately 82 years unexpired) at a current ground rent of £100 per annum. Please refer to the Special Conditions of Sale in respect of serving a Section 42 Notice to extend the existing lease term under the provisions of the Leasehold Reform, Housing and Urban Development Act 1993.
The property is situated on the south side of Pevensey Road, one mile to the west of Hastings town centre. Local amenities are readily available, including St Leonards Warrior Square Rail Station which is located around 0.5 miles to the east, whilst the sea front is less than half a mile to the south. Hastings is to the east, providing Priory Meadow Shopping Centre, Sussex Coast College, University of Brighton and Hastings Rail Station.
The property comprises a self-contained lower ground floor flat situated within a semi-detached converted block arranged over lower ground, ground and two upper floors beneath a pitched roof.
The property was not internally inspected by Allsop. The following information was obtained from the Rent Register. We are informed that the property providesLower Ground Floor - Two Rooms, Kitchen, Bathroom, WC
The property is subject to a Regulated Tenancy at a registered rent of £377.50 per calendar month (Effective date 1st February 2017).
Messrs Womble Bond Dickinson (Ref LMH). Tel 0191 279 9139.Email email@example.com
Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'TBA', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at www.auction.co.uk. Please check regularly for updates. Lots may be sold or withdrawn prior to auction.
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*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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