A well-presented apartment situated within a Grade II listed converted church in Shoreham-by-Sea.Guide Price £200,000*Buyers Premium Applies

For sale by online auction. To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk

Town & Country Property Auctions are delighted to offer For Sale by Public Auction this well-presented apartment situated within a Grade II listed converted church in Shoreham-by-Sea. The accommodation extends to approximately 70 sq m / 756 sq ft.

The property is arranged around a central hallway providing access to all rooms. The accommodation comprises a lounge/diner with Velux windows providing natural light, a separate fitted kitchen with a range of wall and base units, work surfaces, and two bedrooms, both of which benefit from Velux windows. A bathroom completes the internal accommodation.

The apartment forms part of a characterful church conversion and retains features consistent with the building's original design, including vaulted ceilings and arched external windows.

Externally, the property benefits from use of a communal garden and an allocated parking space. The apartment is positioned within the town centre, providing convenient access to local shops, cafs, amenities and transport links. The property is currently let, with notice able to be served upon exchange of contracts, making it suitable for investors and owner-occupiers alike. Based on current figures, the property offers a potential gross annual yield of approximately 7.6%.

The property will be entered into our 25th February auction which is held online and starts at 10am. You must register to bid and download the legal pack.

PROPERTY FEATURES
. Two Bedrooms
. One Reception Rooms
. Allocated Parking Space
. Council Tax Band: C
. Market Value: £240,000
. Rental Value Per Month: £1,400
. 56 Day Completion

ADDITIONAL INFORMATION
. Leasehold
. Length of Lease Remaining: 101
. Annual ground rent: £0
. Ground rent review period is every year
. Annual service charge: £1,505.86
. Service charge review period is every year

TENANCY INFORMATION
. Tenancy Term: Periodic
. Tenancy Start Date: Ask Auctioneer
. Tenancy Type: AST
. Are the Tenants in Arrears: No

VIEWING ARRANGEMENTS
We will be holding viewing slots, please call us on .
The property is available for viewing immediately. Please contact Town & Country Property Auctions for more information and to register for the auction. The auction will be held online, and registration is now open.



UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 3%+VAT (subject to a minimum of £6,500+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 56 days following the auction (unless otherwise stated).

Pre Auction Offers Are ConsideredThe seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.