616A London Road, Westcliff-On-Sea, Essex SS0 9HW
- PROPERTY TYPE
Flat
- BEDROOMS
6
- BATHROOMS
6
- SIZE
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Key features
- Open-House Viewing: Thurs 25th April - 11:00-11:30
- Open-House Viewing: Wed 1st May - 13:00-13:30
- Open-House Viewing: Tues 7th May - 11:00-11:30
- Open-House Viewing: Sat 11th May - 09:30-10:00
Description
*** FOR SALE BY LIVE STREAM AUCTION TUESDAY 14tH MAY 2024 ***
FOR MORE INFORMATION OR TO REGISTER TO BID CONTACT THE AUCTIONEER
A VACANT BLOCK OF 6 ONE BED STUDIO APARTMENTS IN NEED OF A FULL PROGRAMME OF RENNOVATION HELD ON REGISTERED LEASEHOLD TITLE EX744228 FOR A TERM OF 999 YEARS FROM 15th FEBRUARY 1995 THUS 970 YEARS REMAINING
The property has suffered some damage from previous occupants but is now secure and fully vacant. There is potential to repair the property and restore the 6 units which could generate an income of about £41,000p.a. representing a yield of 17% if purchased at guide, or convert into two or three flats subject to obtaining all necessary consents.
ACCOMMODATION First Floor
Flat 1: 17'6" x 12'2" (5.34m x 3.73m) + Shower Room
Flat 2: 14'9" x 10'11" (4.52m x 3.34m) + Shower Room
Office/Store Room
Second Floor
Flat 3: 18'10" x 12'10" (5.75m x 3.92m) + Shower Room
Flat 4: 12'4" x 12'1" (3.76m x 3.70m) + Shower Room
Third Floor
Flat 5: 13'0" x 9'6" (3.98m x 2.92m) + Shower Room
Flat 6: 12'7" x 11'3" (3.86m x 3.45m) + Shower Room
LOCATION Westcliff-on-Sea is a suburb of the city of Southend-on-Sea, located within the ceremonial county of Essex. It is on the north shore of the lower Thames Estuary, about 34 miles (55 km) east of London.
The property is situated on the A13 London Road with easy access to shops, bars and restaurants. Southend University is about half a mile to the north of the property .
VIEWING Strictly by appointment with the Auctioneer
Tenure: Leasehold
Lease Details: 999 years from 1 January 1995
EPC Rating: D
Administration Fee: 0.6% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.
Buyer's Premium Fee: 1.2% inc VAT of the purchase price, subject to a minimum of £1800 inc VAT, payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
616A London Road, Westcliff-On-Sea, Essex SS0 9HW
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Westcliff Station0.7 miles
- Chalkwell Station0.7 miles
- Southend Victoria Station1.2 miles
About the agent
The Auction Department, Southend-on-Sea
Hillsboro, 377 Southchurch Road, Southend-On-Sea, SS1 2PQ
The Auction Department (Formerly Auction House Essex & Kent) is a family owned, independent Land and Property auctioneer with many years experience.
As a professional property auction business our goal is to deliver the highest levels of customer service and professional advice when looking at properties suitable for sale by auction. We offer our clients all types of Auctions including, Public Auction, Private Auction, Online Auction, Conditional Auction and Unconditional Auction, who k
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Visit our security centre to find out moreDisclaimer - Property reference 202403181142sq_a5rn. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by The Auction Department, Southend-on-Sea. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call The Auction Department, Southend-on-Sea on 01702 967476.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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