1 bed Apartment (Leasehold)

A perfect investment opportunity offering an approximate yield of 10% and situated on The Sea Front. This studio apartment offers a fantastic opportunity for anyone looking for a rental investment which also has the potential to add value. Although in good condition overall, there is some scope to make improvements and the internal accommodation comprises an open plan studio with kitchenette area suitable for living, sleeping, cooking and dining and there is a bathroom. There is NO ONWARD CHAIN and this property would be perfect as a holiday let or weekend retreat.
Auctioneer comments
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £8,000.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.