See similar properties
  1. Property photo 1 of 7. Picture No. 04
1/7
Investment

Guide price

£60,000

Studio for sale Tolhurst House, 45 Chichester Road, Southend-On-Sea SS1

1 bath
1 reception

Property location

  • Southend Central0.1 miles
  • Porters Grange Primary School and Nursery0.3 miles
  • Southend Victoria0.3 miles
  • St Mary's, Prittlewell, CofE Primary School0.4 miles

Features and description

  • Balcony

  • City Centre

  • Leasehold
  • Town Centre Apartment
  • Private Outdoor Space
  • 9.43% Yield
** cash buyer only investment - potential yield 9.43%**

Being situated within the town centre of Southend-On-Sea is this 3rd floor studio apartment, with a private outdoor area and a potential rental income of £550pcm making this a great investment property!

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance. The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £220.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

1 floor plan available

View the floor plan to understand the space and layout of this property.

More information

Report this listing

Listed by

Leaders - Southend-on-SeaView agent properties

Swan Hall 255/261 Victoria Ave, Southend-On-Sea, SS2 6NE
Logo of Leaders - Southend-on-Sea

Want an expert valuation of your home?

Book an agent valuation

Property descriptions and related information displayed on this page are marketing materials provided by - Leaders - Southend-on-Sea. 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 Leaders - Southend-on-Sea for full details and further information.