A three-bedroom freehold detached house in need of repair and modernisation. Ideal for investors and developers. (Title number WSX442836)
SOLD BY AUCTION FOP £275,000: To be sold by public auction on the owner's instruction. A three-bedroom freehold detached house in need of repair and modernisation. Ideal for investors and developers. To be sold via online bidding on Friday, 24 November 2023.
Auctioneers comments: 'A property like this does not come up for sale often in Selsey and presents an opportunity to investors and developers.'
Auction date
The property is to be sold by public auction on Friday, 24 November 2023 via a 2-hour online bidding window.
Description
Detached, freehold, in need of repair and modernisation, three bedrooms
A Note On The Repairs
Damp throughout
Location
Selsey, West Sussex
Accommodation
Ground floor: two receptions, kitchen, utility room, shower room
First floor: three bedrooms, bathroom
Outside
Front garden and large rear garden
EPC rating
D
Tenure
Freehold with vacant possession
Local authority and council tax band
West Sussex County Council & Chichester District Council
Council tax band: C
Pre-auction bids
To make a pre-auction bid, you must be an approved bidder. Once you have set up your online bidding account, verified your ID and paid the security deposit, you can email the amount you would like to bid. The common auction conditions and special conditions apply to all pre-auction bids, and no conditions will be acceptable. Should your pre-auction bid be accepted, you will need to immediately pay the balance of the 10% deposit (min. £5,000) and all auction fees listed. The Auctioneer reserves the right to refuse any bid.
Auction fees
In addition to the 10% deposit (min. £5,000) of your winning bid, you must pay an auction buying commission of 1.75% plus VAT (min. fee of £1,750 plus VAT) of the purchase price and auction buying fee of £1,900 plus VAT. Please be aware that additional fees may be payable on completion, including disbursements in the legal pack. Check the legal pack for each lot you are interested in before bidding.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Lot 90 - 41 East Street, Selsey, Chichester, West Sussex, PO20 0BN
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Joint Agent
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