Lot 3 : Vacant Leasehold Ground Floor Flat

Lower Flat, 73 Princes Street, Southend on Sea, Essex , SS1 1PT

Guide price*

£120,000

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Features

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Description

FOR SALE BY AUCTION ON THE 6TH DECEMBER 2018 AT SAXON HALL, AVIATION WAY, SOUTHEND ON SEA, ESSEX, SS2 6UN, STARTING AT 3PM. A vacant Leasehold ground floor flat, with both front and rear gardens in need of complete refurbishment with the benefit of Plans and Building Regulations approval for alterations to create a second bedroom. The property is situated in a very popular and convenient location within close proximity of Southend Town Centre and local shops as well as Southend Central and Southend Victoria Railway Stations.

Communal Hall. Door to flat.

Room 1:14'8 x 12'6'' (4.47m x 3.81m) Bay window to the front. Tiled fireplace.

Room 2: 12' x 10'6'' (3.65m x 3.2m) Window to the rear.

Inner hallway.

Cloakroom/w.c: Window to the side.

Room 3: 11'1'' x 11' (3.37m x 3.35m) Window to the side.

Room 4: 12'5'' x 11' (3.78m x 3.35m) Door to the side. Patio doors to the rear.

EXTERIOR:

Rear garden. 40' (12.19m) approx. In need of cultivation.

The flat has the benefit of all of the front garden.

TENURE: 125 year Lease. See Legal Pack for details.

AUCTIONEERS NOTE:
Hair and Son letting department consider the current market value as a refurbished 2 bedroom flat to be a figure in the region of £850 per calendar month (£10,200 per annum).

Note: A Buyers Premium of £500 plus VAT (£600 inc. VAT) is payable upon signing the contract.

Lower Flat, 73 Princes Street, Southend on Sea, Essex Open in google maps

This property currently has no floor plans to display.

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General remarks

Tenanted properties may only be viewed by prior arrangement with Hair & Son. The Auctioneer reserves the right to divide or sell part of any lot or offer two or more lots together.

*An important note on guide prices

We issue a guide price for each property. These are not the same as reserve prices which are the undisclosed figure below which the property will not be sold “under the hammer”. The guide prices are usually set at the lower end of the vendors expectations. Guide prices are sometimes adjusted between publication of the catalogue and the auction sale, these adjustments are shown on our web site. They can go up especially if pre Auction offers are received and declined in excess of the guide, or they can go down. Within the industry the reserve is expected to be within 10% of the final guide price. As a general rule our reserves over the past year have not exceeded the price guides in the catalogue.

See our Notice to Bidders

Occasionally properties are sold prior to auction and we recommend that prospective purchasers check with this office on
01702 39 49 59 on the morning of the sale to confirm that the property in which they are interested is still available.

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Lot 3 Lower Flat, 73 Princes Street, Southend on Sea, Essex, SS1 1PT

Vacant Leasehold Ground Floor Flat £120,000

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Lot 3 : • Lower Flat, 73 Princes Street, Southend on Sea, Essex , SS1 1PT

Vacant Leasehold Ground Floor Flat • £120,000

Auction on 6th December 2018 3pm

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