Floorplan
Map2 bedroom apartment for sale
Key information
Features and description
- Being Sold via Secure Sale Online Bidding. Terms & Conditions apply.
- 4th Floor Apartment
- Two Double Bedrooms
- Two Bathrooms
- Currently Tenanted Paying £1,100 pcm
- Tenancy on a Fixed Term Tenancy until 25th September 2026
The apartment is currently tenanted on a fixed term contract until September 2026 at £1,100 pcm.
The property is situated on the 4th floor of a former bank office and has a grand staircase entrance and lift to all floors.
The apartment comprises; Hallway, open plan living area with large windows overlooking South Parade. A step up to the Kitchen which has a range of fitted units, electric oven, hob, fridge / freezer and washing machine.
Two double bedrooms, one with a shower room ensuite. House bathroom with a shower over the bath.
INVESTMENT INFORMATION The apartment is currently tenanted at £1,100 pcm. The tenancy is a fixed term until 25th September 2026
Rented furnished.
LEASEHOLD INFORMATION Lease: 999 years from 29 September 1999
Ground rent £260 pa
Service charge for 2025 £2,813.42 pa
COMMUNAL ENTRANCE Fob entry system. Mail boxes and lift to all floors.
HALLWAY Good size hallway with two storage cupboards, one housing the hot water cylinder.
LIVING AREA 26' 10" x 11' 9" (8.20m x 3.60m) max The open plan living area has large windows and electric heating.
KITCHEN (Open Plan) The kitchen has a range of fitted units with integrated electric oven, four ring hob and washing machine.
BEDROOM ONE 4' 7" x 8' 6" (1.40m x 2.60m) The first double bedroom has fitted wardrobe and access to the ensuite. Electric wall mounted heater.
ENSUITE Ensuite with shower cubicle, hand basin and W.C.
BEDROOM TWO 13' 7" x 9' 6" (4.15m x 2.90m) max The second double bedroom has feature wall lighting and electric heater.
BATHROOM The main bathroom comprises; bath with shower over, hand basin and W.C.
Council Tax Band: E
Tenure: Leasehold
Length Of Lease: 972
Annual Ground Rent Amount: £260.00
Annual Service Charge Amount: £2,814.00
Rooms
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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