Property description

Guide Price = £40,000+

**For Sale By Public Auction 20th April 2022 09:45 am. To inspect the legal documents for this property go to our website to download the legal pack**

A One Bedroom Ground Floor Flat Subject to an Assured Shorthold Tenancy Producing £7,800 Per Annum

Tenure
Leasehold. The property is held on a 99 year lease from 1974 (thus approximately 51 years unexpired). A section 42 notice to extend the lease has been served on the freeholder, the rights of which will be assigned to the incoming buyer.

Location
The property is situated in the seaside town of Clacton-on-Sea close to local shops and amenities. Clacton Pier and Beach are within easy walking distance. Transport links are provided by Clacton-on-Sea rail station.

Description
The property comprises a newly refurbished one bedroom ground floor flat situated within a purpose built building arranged over ground and two upper floors.

Accommodation
Ground Floor
Reception Room
Bedroom
Kitchen
Bathroom

Exterior
The property benefits from communal parking.

Tenancy
The property is subject to an Assured Shorthold Tenancy for a term of 12 months commencing 16th March 2022 at a rent of £650 per calendar month.

Viewing Schedule (Register for the legal pack to be notified when live)

Thursday 7 April 2022 12:00 pm - 12:30
Wednesday 13 April 2022 12:00 pm - 12:30
Tuesday 19 April 2022 12:00 pm - 12:30
Saturday 9 April 2022 12:00 pm - 12:30

Addendum
Prospective bidders who have not inspected the property in person are advised to watch the video walkthrough for an up to date depiction of the property and not to rely on the images first published (taken from a few months ago).