Located in Eastbourne Town Centre, this first-floor flat on Cavendish Place presents an exciting investment opportunity for those looking to make their mark in the property market.
The flat features a separate living room and kitchen, providing a functional layout that can be tailored to your personal taste and three bedrooms. While the property requires refurbishment throughout, this presents a blank canvas for creative minds to transform the space into a modern haven.
This flat is a promising investment opportunity in a popular location. With the right vision and effort, this property can be revitalised into a charming residence that reflects your style and meets your needs. Don’t miss the chance to explore the potential this flat has to offer.
Auctioneer Comments
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Living Room 3.73 x 3.28 (12'2" x 10'9")
Kitchen 3.30m max x 2.41m max (10'10 max x 7'11 max )
Bedroom 1 4.27m x 3.28m (14'0" x 10'9")
Bedroom 2 3.33 x 2.72 (10'11" x 8'11")
Bedroom 3 4.37 x 2.3 (14'4" x 7'6")
Shower Room 2.01 x 1.32 (6'7" x 4'3")
Cloakroom 1.91x 0.79 (6'3"x 2'7")
Council Tax Band - A £1,688 per annum
Lease Information
The seller advises that the property is offered as leasehold and has approximately 93 years remaining on the lease. The maintenance charge is approximately £500 per annum. The agent has not had sight of confirmation documents and therefore the buyer is advised to obtain verification from their solicitors or surveyor.
Eastbourne Sales Team
35 Cornfield Road, Eastbourne, East Sussex, BN21 4QG