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Flat 3, Lesley Court, 10 Victoria Road, Clacton-On-Sea, Essex CO15 6BH

Guide Price £80,000 plus fees

Lot 3

Auction Date:

16th July 2024
at 12:00 pm
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EPC Rating: D

Council Tax Band: A

Tenure: Leasehold

Lease Unexpired: 62 Years Remaining years

Annual Ground Rent: £60.00

    A TWO BEDROOM FIRST FLOOR FLAT HELD ON REGISTERED LEASEHOLD TITLE NUMBER EX455772 FOR A TERM OF 99 YEARS FROM 24th DECEMBER 1987 THUS 62 YEARS REMAINING. THE PROPERTY IS CURRENTLY TENANTED GENERATING £8,700 p.a. THUS A YIELD OF 10.9% IF PURCHASED AT GUIDE.

    The property is less than 150 yards north of the seafront and has the benefit of an allocated parking space to the rear of the property. Located in a popular residential location the property benefits from double glazing and gas central heating. The current 12 month AST expires on the 13th of August 2024, the tenant would prefer to remain in residence if possible.

    ACCOMMODATION

    First Floor
    Entrance Hall
    Lounge: 10’5″ x 11’2″ (3.22m x 3.40m)
    Kitchen: 10’7″ x 6’2″ (3.27m x 1.87m)
    Bedroom 1: 10’6″ x 9’3″ (3.25m x 2.81)
    Bedroom 2: 10’8″ x 7’5″ (3.30m x 2.26m)
    Showeroom:

    EXTERIOR

    The property has a small front garden that is laid to lawn with a footpath leading to the front door and driveway to the left. The driveway leads to a small car parking area at the rear, there is also a large communal garden mainly laid to lawn.

    LOCATION

    Clacton-on-Sea, often simply called Clacton, is a seaside town and resort in the county of Essex. It is located on the Tendring Peninsula and is the largest settlement in the Tendring District and is situated around 77 miles north-east of Central London, 40 miles east-north-east of Chelmsford, 58 miles north-east of Southend-on-Sea, 16 miles south-east of Colchester and 16 miles south of Harwich.
    The property is located about half a mile to the North East of Clacton Town Centre with all its shops, bars, Theatre’s Amusements and Restaurants.

    VIEWING

    Strictly by appointment with the Auctioneer Tel: 01702 333 399

    Additional Fees

    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
    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.

    13/15 Ripple Road, Barking, East London. IG11 7NN

    0203 174 0330

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    Flat 3, Lesley Court, Clacton-On-Sea