Western Road, Bexhill-on-Sea, TN40

AP Estate Agents are pleased to bring to the market a straightforward and genuinely practical investment opportunity — well suited to anyone taking their first step into property investment, or equally to a seasoned landlord looking to add a reliable, income producing unit to an existing portfolio.

Set in a tucked away position just behind the high street, the property enjoys a quiet setting while still being moments from local amenities. It is currently occupied by a long term tenant, offering an immediate and steady rental return from day one.

This ground floor home appeals to a wide range of occupants thanks to its accessible layout. A double glazed entrance door opens into an open plan living area, providing a functional space for everyday use. High ceilings add a welcome sense of openness, and a large front window brings good natural light into the room. The recently upgraded consumer unit is neatly concealed behind a wall cupboard.

The kitchen is arranged in an L shape at the far end of the living space, fitted with wood effect wall and floor units and contrasting black worktops. There is space and plumbing for a freestanding fridge, washing machine and cooker, along with a stainless steel inset sink, tiled splashback and practical lino flooring.

The bedroom sits just off the living area and is best suited to a single occupant, with room for a single bed and essential furniture. A window overlooks the rear of the property. Beyond this, a small inner area leads to the shower room, with doors separating each space. The shower room includes a low level WC, pedestal basin and shower cubicle with extractor fan, and is fully tiled. A discreet cupboard houses the large Megaflow hot water tank and immersion heater.

Overall, the property would benefit from updating and modernisation, reflecting the long term occupancy of the current tenant. There is no gas supply; heating is provided via electric storage heaters throughout. The property is sold freehold, with a 30% contribution towards maintenance and insurance shared with the apartment above (1A).

A simple, solid investment with instant income and scope to improve over time — ideal for those seeking a low maintenance addition to their portfolio 

IMPORTANT INFORMATION TO READ

•Being Sold by GOTO Online Auction

•Starting Bids from £75,000

•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.

LIVING ROOM

3.545m x 5.263m (11' 8" x 17' 3")

BEDROOM

1.832m x 3.626m (6' 0" x 11' 11")

SHOWER ROOM

2.231m x 1.086m (7' 4" x 3' 7") SHOWER ROOM
0.777m x 0.778m (2' 7" x 2' 7") CUBICLE

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...