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Chapel Park Road

ST LEONARDS-ON-SEA,

£80,000

1 Bedroom 1 Bathroom 0 Garage
For sale by Modern Method of Auction: Starting Bid Price £80,000 plus Reservation Fee. Excellent investment
opportunity: Set within one of the most popular locations in the town within easy walking distance of all good local amenities. Double Glazing,
Lounge, good Size Bedrooms and Bathroom.
Property Auction powered by iam-sold.
To arrange a viewing, please contact iam-sold on 0845 519 3126

Room Details


Entrance Hall

Communal entrance hall, stairs rise to second floor, private entrance door to entrance hall with an entry phone system, storage cupboard.

Lounge

12' 10" x 13' 8" (3.91m x 4.17m) Spacious lounge overlooking rear aspect of the property, radiator, power points.

Kitchen

1.52m x 2.74m (5' x 9') Fitted with a range of matching wall and base units with laminate surface, inset sink unit, built in 4 ring electric hob, matching oven under, cooker hood above, part-tiled walls, power points, space and plumbing for washing machine, space for fridge.

Bathroom

5' x 9' (1.52m x 2.74m) White suite comprising panelled bath with mixer spray unit, pedestal wash hand basin, low level wc, radiator.

Bedroom

14' 4" x 14' 2" (4.37m x 4.32m) Duel aspect room with double glazed windows to the front and side aspect, enjoying views over St Leonards, radiator, power points.

Tenure

The estate agent has been informed by the current owner that there is approximately 89 years remaining on the lease, with a service charge, ground rent and building's insurance of £600 per annum.

Inportant

This property is for sale by the Modern Method of Auction which is not
to be confused with Traditional auction. The Modern Method of Auction
is a flexible buyer friendly method of purchase. We do not require the
purchaser to exchange contracts immediately, but grant 28 days to achieve
exchange of contracts from the date the buyer’s solicitor is in receipt of the
draft contracts and a further 28 days thereafter to complete. Allowing the
additional time to exchange on the property means interested parties can
proceed with traditional residential finance. Upon close of a successful
auction or if the vendor accepts an offer during the auction, the buyer
will be required to put down a non-refundable Reservation Fee of 3%
subject to a minimum of £5000 plus VAT which secures the transaction
and takes the property off the market. The buyer will be required to sign an
Acknowledgment of Reservation form to confirm acceptance of terms prior
to solicitors being instructed. Copies of the Reservation form and all terms
and conditions can be found in the Legal Pack which can be downloaded
for free from the auction section of our website or requested from our
Auction Department.
Please note this property is subject to an undisclosed Reserve Price
which is generally no more than 10% in excess of the Starting Bid. Both
the Starting Bid and Reserve Price can be subject to change. Terms and
conditions apply to the Modern Method of Auction, which is operated by
Powered by iam-sold Ltd” or “iam-sold Ltd”.
TO VIEW OR MAKE A BID – Contact Smart Property on 01424 712555.
or visit: www.agentauctionpage.co.uk

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