- TWO self contained flats +
- Requires MODERNISATION +
- Excellent development potential +
INVESTORS & DEVELOPERS – AUCTION OPPORTUNITY!
An exciting opportunity to acquire this mid-terrace garden property, currently configured as two self-contained flats – a two-bedroom flat on the first floor and a one-bedroom flat on the ground floor.
Requiring full modernisation, the property represents excellent value and offers strong potential as a high-yield buy-to-let investment. Alternatively, it could be converted back into a spacious four-bedroom family home (subject to necessary planning permissions).
Ideally located just 0.2 miles from the town centre and only 0.6 miles from the seafront.
Offered with no onward chain.
PLEASE NOTE: This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.