Station Road, Westcliff-on-sea, SS0

The Property
Being Sold by Online Auction

Starting Bids from £115,000

Option for newly acquired lease on exchange of contracts - please call the Auction team for more information.

Buy it now option available

Please call or visit Purplebricks Online Auctions for more information.

This property is for sale by Modern Method of Auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been issued by the vendors solicitor. Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee. The fee will be a fixed fee including the Vat, this secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.
Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.


To book a viewing visit Purplebricks


Lease Information
Approximately 65 years remaining on the lease.

Ground rent is approx £125 for the year.

Service charges we await from our client.

Property Description
AN IDEAL INVESTMENT OPPORTUNITY, PLEASE ENQUIRE!

This one bedroom ground floor apartment comes to the market as the perfect investment opportunity. The property currently has a remaining lease of 65 years so a lease extension will need to be explored.

Briefly, the apartment comprises of an entrance porch, a good sized lounge/diner, a three piece bathroom suite, double bedroom and a fitted kitchen.

The property benefits from gas central heating and is part double glazed.

The location is ideal with the property being a stones throw to Westcliff-on-Sea C2C train station offering services into London, a short stroll down the hill will see you arrive to the beach and many local amenities, bus links, bars and restaurants.

If you're looking for an investment project or a long term investment such as a buy to let, please do enquire.

Please do book your viewing today to avoid disappointment - you can book in by giving us a call, or more conveniently booking your request on our website or via our AWARD WINNING APP!

*Please see accommodation measurements on the floorplan*

General Information
Auctioneer's Comments

This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be arranged.

The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Info Pack which can be downloaded for free from our website or requested from our Auction Department.

Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyers Premium of £5,400 including VAT plus an administration charge of £354 including VAT, a total of £5,754. This secures the transaction and takes the property off the market.

The Buyer’s Premium and administration charge are in addition to the final negotiated selling price.

Disclaimer for virtual viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.

If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.