Meads Street, Eastbourne

Property Details: • Type: Terraced • Tenure: Leasehold • Floor Area: N/A

Key Features: • Sale by Modern Auction (T&Cs apply) • Subject to an undisclosed Reserve Price • Buyers fees apply • INVESTMENT OPPORTUNITY • HEADLEASE FOR THREE SELF CONTAINED FLATS • STUDIO FLAT, ONE BEDROOM FLAT AND TWO BEDROOM SPLIT LEVEL FLAT • CURRENTLY GENERATING £33,540 • 900+ YEAR HEAD LEASE, AS & WHEN SERVICE CHARGE

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 19 Cornfield Road, Eastbourne, East Sussex, , BN21 4QD

Full Description: SUMMARYAn incredible investment opportunity to acquire these THREE SELF CONTAINED APARTMENTS directly located on the ever Meads High Street currently generating £33,540 per annum. Consisting of a one bedroom flat, two bedroom split level flat and studio flat.DESCRIPTIONFox & Sons are delighted to present to market this fantastic investment opportunity to acquire these THREE SELF CONTAINED APARTMENTS directly located on the ever desirable Meads High Street currently generating £33,540 per annum. Consisting of a one bedroom flat, two bedroom split level flat and studio flat. The internal condition of each flats are considered good with recently fitted bathroom suites, all electric heating and spacious accommodation.Auctioneer's Comments This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.Communal Entrance Communal entrance door to the front aspect. Entry phone system. Stairs leading to;Studio Flat A Entrance Studio Room 15' 1" x 11' 7" ( 4.60m x 3.53m )Bathroom Partly tiled modern suite comprising bath with mixer taps and shower attachment, low level w.c, wash hand basin with vanity unit, window to the side.One Bedroom Flat B Entrance Hall Private entrance door. Entry phone system. Cupboard.Lounge 17' 10" x 11' 4" ( 5.44m x 3.45m )Kitchen 14' 10" x 5' 9" ( 4.52m x 1.75m )Bedroom 17' 11" x 10' 2" ( 5.46m x 3.10m )Bathroom Two Bedroom Flat B Entrance Private entrance door to the side. Entry phone system. Stairs leading to;Landing Window to the side. Loft access.Lounge 21' 3" x 12' 2" ( 6.48m x 3.71m )Kitchen 10' 11" x 7' 4" ( 3.33m x 2.24m )Bedroom One 14' x 8' 11" ( 4.27m x 2.72m )Bedroom Two 10' 11" x 8' ( 3.33m x 2.44m )Bathroom Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase. 5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.BrochuresPDF Property ParticularsFull Details