Leasehold Second Floor Two Bedroom Apartment - Vacant

Flat 17 Centre Reach, Coleman Street, Southend-on-Sea, Essex, SS2 5BE

    Lot No: 11

    Property Type: Flat

    Contract Type: Unconditional

Sold prior to auction, for an undisclosed amount

• To be sold by Knight Frank Auctions on the 26th September unless sold prior.

• Two bedroom flat within purpose built block

• Secure allocated parking space to rear

• Council Tax Band: A

• EPC: C

Property Description

Two bedroom flat within purpose built block with secure allocated parking space to rear - Vacant.

A leasehold, second (top) floor two bedroom flat within a purpose built block of traditional construction and conveniently situated close to the city centre. The flat benefits from a secure door entry system and secure allocated parking to the rear.

Accommodation: Reception, two bedrooms, kitchen & bathroom. Externally: one secure parking space.

The property is currently occupied, but the tenant has served notice to vacate on 20th September 2023, thus the property will be offered with vacant possession upon completion of the sale. Please refer to the legal pack.

The vendor will serve the relevant notices to extend the leasehold interest prior to completion of the sale. This benefit will be passed to the purchaser, together with associated costs. Please refer to the legal pack.

NB. the internal photographs provided by the vendor were taken in 2021 when the property was vacant

Location

Centre Reach is located in the coastal city centre of Southend-on-Sea, just north of the A13, and as such benefits from ample road and public transport links including Southend Victoria and Southend Central. The popular location includes a wide array of recreational facilities and amenities within walking distance.

Tenure

Leasehold - Expiry Date 31.12.2087 - remaining 64 years, 4 months. GR £75pa. Service Charge £1,460.64pa.

EPC Rating

C

Buyers fee

The buyers fee is £1500 including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.

Auction Details: The sale of this property will take place on the stated date by way of and is being sold as Unconditional. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to the Common Auction Conditions and Extra General Conditions. Auctioneer Fees and Deposit. The following deposits and non-refundable auctioneer fees apply: • 10% deposit, subject to a minimum of £5,000. The deposit contributes to the purchase price. • Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT. The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability. There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the Knight Frank Auctions’ website. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack. Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Auction Conduct Guide.

Auction Information

26 September 2023 11:30

The Knight Frank Auction will be broadcast live online with telephone and internet bidding

Contact Us

If you have any questions, call our team on 020 7861 5520

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