Ninfield Road, Sidley, Bexhill - on -sea, TN39

AP Estate Agents are proud to present to the market a Freehold building containing 4 residential units consisting of x2 1 Bedroom apartments and x2 Two bedroom apartments.

Located in a prime position in the centre of Sidley Village, this attractive investment opportunity comprises four residential apartments, all currently let on assured shorthold tenancies. For investors seeking immediate income, the block offers a ready made portfolio with a solid, consistent yield. The building was developed approximately ten years ago to create four thoughtfully designed apartments, each offering bright, airy accommodation and a practical layout that suits modern living. The interiors are in excellent decorative order, having been well maintained and carefully looked after by both the owners and long standing tenants. The one bedroom apartments feature a sitting room and bedroom positioned at the front of the building, with modern kitchens and bathrooms completing the layout. The two bedroom apartments enjoy an open plan sitting room and kitchen, connected by a full width serving hatch, creating a sociable and functional living space. The upper apartment benefits from a Juliette balcony overlooking the street, while both two bed units have a rear second bedroom with built in storage. Communal areas are wide, clean and well maintained, with a generous storage cupboard available at entry level. All apartments are fitted with electric central heating systems powering conventional radiators. A well presented, fully let block in a strong rental location — ideal for investors looking for a reliable, income producing asset.

Access is gained directly from the street into a well kept communal reception area, with the apartments arranged over the first and second floors. The ground floor is occupied by commercial units, and there is potential to add an additional storey, subject to planning — an option already explored by the current owner, further enhancing the building’s long term potential and profitability. To the rear, residents benefit from an outdoor communal space large enough for seating, offering a pleasant spot to relax outside. This area can also be reached via the neighbouring garage block, providing practical access for deliveries, maintenance and removals. 

INFORMATION ABOUT THE SALE- PLEASE READ CAREFULLY

•Being Sold by GOTO Online Auction

•Starting Bids from £430,000

•Buy It Now option available

This property is being offered for sale by the Modern Method of Auction. The successful buyer will have 56 working days to exchange and complete (the Reservation Period), allowing time to arrange mortgage finance where required.

If you are the successful bidder, you'll enter into a Reservation Agreement and pay a non-refundable Buyer's Premium. This secures the property, removes it from the market and helps provide greater certainty for both buyer and seller.

This property is subject to an undisclosed Reserve Price, which is typically no more than 10% above the Starting Bid.

For more information, please contact the agent or visit GOTO Online Auctions.

AUCTIONEERS COMMENTS

The successful buyer will be required to pay the below non-refundable fees:

•Buyer's Premium: 3.6% of the purchase price plus VAT (subject to a minimum of £6,600 including VAT)

•Legal Pack Fee: £396.00 including VAT

The Buyer's Premium is payable in addition to the purchase price and may be taken into account when calculating Stamp Duty Land Tax (SDLT).

Material information:

If you intend to purchase using mortgage finance, you should satisfy yourself that the property is suitable for the purposes for which you intend to use it and that it meets your lender's requirements to secure lending before bidding.

A Legal Pack is available for this property and should be reviewed carefully before bidding. Neither GOTO Group nor the estate agent accepts any responsibility or liability for the accuracy or completeness of the Legal Pack and shall not be liable for any loss or damage arising from any inaccuracies, omissions or errors contained within it. Buyers should review the Legal Pack carefully, carry out their own due diligence and obtain independent legal advice where appropriate before proceeding.

APARTMENT 1

GROSS INTERNAL AREA 54 m2 / 578 sqm

APARTMENT 2

GROSS INTERNAL AREA 31 m2 / 331 sqm

APARTMENT 3

GROSS INTERNAL AREA 54 m2 / 578 sqm

APARTMENT 4

GROSS INTERNAL AREA 30 m2 / 327 sqm

AGENTS NOTES

This information has been provided on the understanding that all negotiations on the property are conducted through AP Estate Agents. They do not constitute any part of an offer or contract. The information including any text, photographs, virtual tours and videos and plans are for the guidance of prospective purchasers only and represent a subjective opinion. They should not be relied upon as statements of fact about the property, its condition or its value. And accordingly any information given is entirely without responsibility on the part of the agents or seller(s). A detailed survey has not been carried out, nor have any services, appliances or specific fittings been tested. All measurements and distances are approximate. A list of the fixtures and fittings for the property which are included in the sale (or may be available by separate negotiation) will be provided by the Seller's Solicitors. Where there is reference to planning permission or potential, such information is giv...