Club Parade
Bel Air Estate, Seawick, CO16

£50,000 Guide price
Yield:19%
Market Rent:£795
211
Call Us 01255 879 611
Features

Features

  • Two Bedrooms
  • First Floor
  • Residential Status
  • Located Close to Sea
  • For Sale by Modern Auction – T & C’s apply
  • Subject to Reserve Price
  • Buyers fees apply
  • The Modern Method of Auction
  • 19% Yield
  • Online Bidding Available
  • Council Tax Band: A
Description

Description

Tenure: Share of Freehold

IDEAL BUY TO LET INVESTMENT! Located on Bel Air Estate, Seawick. Northwood are pleased to offer this ground floor maisonette for sale via modern method of auction. The property is situated close to the Sea front as well as Seawick Holiday Park and boasts a huge 19% yield, therefore making it an ideal buy to let purchase in the valuers opinion. 

Material information:


Electric Supply

Water Supply

No Gas Supply

No Heating

EPC - E rated

Council tax- Band A 

Tenure- Leasehold

Auctioneer Comments:

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).

If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.

The buyer signs a Reservation Agreement and makes payment of a Non[1]Refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.

Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.

 

EPC rating: E. Council tax band: A, Tenure: Share of freehold,

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