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Property Listing Details

1 bed flat for sale

110 Marine Court, St Leonards-On-Sea, East Sussex TN38

  • Investment

£40,000

Property details

  • 1 bedroom

Features

  • For Sale by Public Auction at The Hilton Brighton Metropole
  • Auction Date : 30 October 2019
  • Lot Number : 87
  • Flat With Sea View
  • Vacant Residential
  • Leasehold
  • Current Rental : £6,600 Per Annum
  • *Guide Price : £40,000 - £50,000 + Fees

Listing view statistics

Last 30 days: 1174 page views

Since listed: 1174 page views

Description

A fantastic opportunity to acquire a one bedroom flat with direct sea views, situated within this iconic Art Deco building. Built in 1937, Marine Court was originally intended as an apartment hotel and is now used as a mix of residential and commercial accommodation.

St Leonards town centre, local shops, amenities and Warrior Square mainline railway station are within easy reach. The flat is currently let and considered ideal for continued investment.

Second Floor
Accessed via Entrance C the flat comprises entrance hall, living room, kitchen, bedroom and bathroom with W.C.

Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £570 per calendar month.

Tenure
Held on a 999 year lease expiring 20th October 2982 at a peppercorn ground rent plus a share of the freehold.

Leasehold plus share of Freehold
Residential EPC: D

Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.


Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at , or contact us on , in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to

You could get

Superfast broadband Superfast broadband

Up to 80 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • St Leonards Warrior Square 0.4 miles
  • West St Leonards 0.7 miles
  • St Mary Star of the Sea Catholic Primary School 0.6 miles
  • St Leonard's Church of England Primary Academy 0.6 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • St Leonards Warrior Square 0.4 miles
  • West St Leonards 0.7 miles
  • St Mary Star of the Sea Catholic Primary School 0.6 miles
  • St Leonard's Church of England Primary Academy 0.6 miles

Market stats

Sale activity

Average estimated value for a flat in TN38:

  • £152,039
  • Price decrease

  • -£9,542
  • (-5.905%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £173,380
  • Properties sold

    76

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in TN38 is currently:

£693 pcm

Recent sales nearby

See all recent sales in TN38
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Estimated running costs

Based on available 3rd party data

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These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
4th Oct 2019 £40,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Clive Emson Auctioneers. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Clive Emson Auctioneers for full details and further information.