Lot 1 - 40 Queen Street, Littlehampton, West Sussex, BN17 6EP

  • Unconditional Online Auction Sale
  • Guide Price* : £125,000

Period house for Investment


Description

FOR SALE BY ONLINE AUCTION - 4 WEEK COMPLETION - A tenanted 2 bedroom terraced freehold house in Littlehampton, close to the Town centre. Ideal for investment or resale with a gross yield of 7.82% per annum at £815 PCM, or for owner occupation.

Auction date
To be sold by online auction on Friday 26 March 2021, bidding will open at 10.00AM.

To view
A video tour is available. Internal viewings will be conducted in accordance with the Government guidance on Social Distancing, PPE must be worn at all times. Please call 01344 753 120 or email to book an appointment at the following times: * Tuesday 16 March at 10.30 * Thursday 18 March at 10.30 * Tuesday 23 March at 10.30 * Thursday 25 Marchs at 10.30

Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.

Location
* Close to Littlehampton town centre * 0.4 miles to Littlehampton rail station * Road access to the A259

Description
* 2 bedroom terrace house * Freehold * Tenanted * £815 PCM

Accommodation
Comprises:

Ground floor
Living room, kitchen

First floor
2 bedrooms, bathroom

Outside
Rear garden

EPC rating
D

Tenure
Freehold

Local authority
Arun District Council 01903 737500

Legal pack
For each lot there are Special Conditions of Sale and other documentation provided by the vendor’s solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor.

Guide prices
Guide prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. The Reserve will normally be set at or below the guide price. It is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may set the final reserve price just before bidding commences. Lots may be sold or withdrawn prior to auction. Please check regularly for updates.

Additional fees
A buyers charge of £1,200 including VAT is payable on each lot that you buy in addition to the sale price. Other non-optional fees may apply to certain lots. Please refer to the Special Conditions in the Legal Pack for the lot that you are bidding on for further information.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Sold for £215,000

This auction is now closed.

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Office Contact

Leaders Auctions
01344 753120

Agreement Documents

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