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12/12/2024

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SEMI-DETACHED PROPERTY CURRENTLY ARRANGED AS 4 X STUDIO FLATS AND 2 X ONE BEDROOM FLATS WITH INVESTMENT INCOME

Lot 15

12 Chancellor Road, Southendon-Sea SS1 2AS

Photo of 12 Chancellor Road, Southendon-Sea SS1 2AS
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SEMI-DETACHED PROPERTY CURRENTLY ARRANGED AS 4 X STUDIO FLATS AND 2 X ONE BEDROOM FLATS WITH INVESTMENT INCOME

Lot 15

This halls adjoining semi-detached property is currently arranged as 4 x studio flats and 2 x one bedroom flats and benefits from double glazing and gas-fired central heating. All of the flats are currently let on Assured Shorthold Tenancies producing 37,200pa. The property is locate within a residential area close to the Southend Town Centre, Southend University and within easy walking distance of the mainline stations of Southend Central and Southend Victoria. The property is sold with the benefit of vacant possession and will appeal to investment purchasers.

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Price Information

*Guides 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 (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

  • Buyers Premium of £600 inclusive of VAT
  • Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
  • Stamp Duty - rates easily available on-line
  • Your solicitor fees and any survey fees
  • Insurance - it is your responsibility from the date of exchange to insure the property purchased.

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