For sale by Unconditional Online Auction.
On behalf of Bairstow Eves - Clacton

DRAFT DETAILS AWAITING VENDOR APPROVAL

A one bedroom ground floor flat which comes with over 900 years left on the lease but there is currently an absent freeholder for the building. The property consists of lounge, hallway, kitchen, bathroom, bedroom, rear garden, and parking which is on a first come basis. The property is also a very short walk to Clacton town centre, mainline train station with direct links to London Liverpool Street, and local beach and sea front.

Leasehold Length of lease: TBC
Current ground rent: TBC
Ground rent review period: TBC
Current service charge: TBC
Service charge review period: TBC

This information should be clarified in the legal pack and we’ll update the information above when we receive it.
Where we have not inspected Please be advised that whilst our partner agent has conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Tenure: Leasehold

EPC Rating: C

Terms:
Auction Details:

The sale of this property will take place on the stated date by way of Timed Auction and is being sold as Unconditional with Variable Fee (England and Wales).

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fees apply:

• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.

Guide Price & Reserve Price:

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

CW - Bairstow Eves - Clacton