Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £120,000.



Immediate 'exchange of contracts' available



Being sold via 'Secure Sale'



LOCATION:

The property enjoys a desirable location within the favoured Old Town area of Eastbourne, being well placed for access to an excellent variety of local shopping facilities and amenities including Waitrose, Gildredge Park and the historic Lamb Inn. Eastbourne town centre with its extensive shopping facilities, theatres, seafront promenade with famous Victorian pier and the mainline railway station (London, Victoria approx. 80 minutes) is approximately one mile away.



ACCOMMODATION:

UPVC double glazed private entrance door to:



ENTRANCE HALL:

Coved ceiling. Attractive tiled floor. Cupboard housing the electric meter and fuse box.



Stairs lead up to:



1ST FLOOR LANDING:

Large UPVC double glazed window to the rear with impressive far reaching views over Old Town towards the Downs. Large built-in airing cupboard with pre-lagged hot water cylinder, immersion heater and slatted shelving. Overhead loft access hatch with pull-down ladder leads to a boarded loft room with electric light and a Velux window.



LOUNGE / DINING ROOM: (front) Approximately 11'4 x 9'6.

Satellite point. UPVC double glazed window.



FITTED KITCHEN: (front) Approximately 9'9 x 5'8.

Modern contoured worksurface with inset single draining stainless steel sink unit with mixer tap, having a drawer, double cupboard and plumbing and space for a washing machine under. Adjoining worksurface with drawer, cupboard and space for fridge under. Space for cooker. Range of wall cupboards. Stainless steel cooker extractor hood. Attractive partly tiled walls and vinyl type flooring. UPVC double glazed window.



DOUBLE BEDROOM: (rear) Approximately 9'7 x 8'3.

UPVC double glazed window with impressive far reaching views over Old Town towards the Downs.



EN SUITE SHOWER ROOM / WC:

Stylish modern white suite comprising a fully tiled walk-in shower cubicle, Dual flush push button WC and a pedestal wash hand basin. Fully tiled walls. Vinyl type flooring. Extractor fan. Heated towel rail.



LEASE: 189 years from 2006.

GROUND RENT: £50 per annum.

MAINTENANCE: Approximately £600 per annum.



Please Note: Appliances, heating and hot water systems have not been tested.

All measurements are approximate.



Purchasers must seek confirmation from their own solicitor with regards to the exact terms of the lease and the exact charges for any ground rent and maintenance.



Auctioneers Additional Comments:

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.



This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.



The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.



Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.



The property is being sold via a transparent online auction.



In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.



Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.



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'.



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 of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.



Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Sourced reference: 167481974