1 Bed Flat For Sale Southwater Road, St. Leonards-on-Sea, TN37

£110,000- Flat

Modern Auction
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Last Updated: 24th May 2024

Description

National Residential are delighted to offer this charming 1-bedroom basement flat, brimming with potential, conveniently located within half a mile of St Leonard's Warrior Square mainline train station. Surrounded by excellent shops, bars, and restaurants, this property is ideal for first-time buyers or investors looking to add value through refurbishment and modernisation.\r
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This flat features a welcoming entrance porch, leading into a spacious lounge/diner that seamlessly connects to a separate kitchen. The good-sized bedroom and a practical shower room complete the living space. Outside, you'll find a small garden to the rear, perfect for enjoying some outdoor relaxation.\r
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With a leasehold extending 120 years from its original 170-year term, the flat provides long-term security and peace of mind. The ground rent is a modest £100 per annum, and the service charge is £50 per calendar month, ensuring affordability for residents. Positioned in council tax band A, this property offers economical living.\r
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Located in the vibrant area of St Leonards, you'll have easy access to the Warrior Square Mainline Railway Station, providing convenient travel routes to Brighton and London. The central area of St Leonards boasts an array of delicious restaurants, independent boutique shops, and the picturesque seafront, offering a lively and enjoyable lifestyle.\r
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This property is a fantastic project for those looking to create a beautiful home or a lucrative investment. Please watch our online video tour for a closer look at the flat.\r
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For further information and to arrange a viewing, please don't hesitate to call and speak to our dedicated specialist sales advisor. Your future home or investment opportunity awaits - schedule your viewing tod\r
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Please ensure to review the lease agreement details thoroughly with the guidance of qualified solicitors or legal experts before proceeding with any property purchase.\r
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This property is ONLY available for purchasers who are NOT in a chain.\r
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1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.\r
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.\r
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.\r
4: Potential buyers are advised to recheck the measurements before committing to any expense.\r
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.\r
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*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.\r
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. 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 56 days to exchange and complete. This 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 deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. 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 and can be viewed in full on our website.
Agent Details
National Residential
1 Hunters Walk, Canal Street, Chester, CH1 4EB

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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