Popular
Total views: 500+
2 bedroom flat
Virtual tour
Auction
Sold STC
Flat
2 beds
Key information
Features and description
- Tenure: Leasehold (51 years remaining)
Sold for £110,000.Guide Price = £95,000+
*For Sale By Online PublicAuction 12th February 2025 09:00 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Vacant First Floor Three Room Flat with Sea Views
8 Week Completion Available
Tenure
Leasehold. The property is held on a 99 year lease from 15th May 1977 (thus approximately 51 years unexpired). A section 42 notice to extend the lease will be served prior to completion, the rights of which would be assigned to the incoming buyer.
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Palm Bay Beach are within easy reach. Transport links are provided by Westgate-on-Sea rail station and the A28.
Description
The property comprises a first floor three room flat situated within a purpose built block arranged over ground and three upper floors.
Accommodation
First Floor
Three Rooms
Kitchen
Bathroom
Accommodation
Exterior
The property benefits from a balcony with sea views.Note
Further Information
When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. In most cases, the leaseholder must have owned the property for at least 2 years in order to serve a S42 notice. If you do not fully understand this process, please ask the auctioneers or a solicitor.
Viewing Schedule (No Booking Required)
Thursday 30 January 2025 2:00 PM - 14:30
Saturday 1 February 2025 10:30 AM - 11:00
Wednesday 5 February 2025 10:30 AM - 11:00
Saturday 8 February 2025 10:00 AM - 10:30
Monday 10 February 2025 12:00 PM - 12:30
*For Sale By Online PublicAuction 12th February 2025 09:00 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A Vacant First Floor Three Room Flat with Sea Views
8 Week Completion Available
Tenure
Leasehold. The property is held on a 99 year lease from 15th May 1977 (thus approximately 51 years unexpired). A section 42 notice to extend the lease will be served prior to completion, the rights of which would be assigned to the incoming buyer.
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Palm Bay Beach are within easy reach. Transport links are provided by Westgate-on-Sea rail station and the A28.
Description
The property comprises a first floor three room flat situated within a purpose built block arranged over ground and three upper floors.
Accommodation
First Floor
Three Rooms
Kitchen
Bathroom
Accommodation
Exterior
The property benefits from a balcony with sea views.Note
Further Information
When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. In most cases, the leaseholder must have owned the property for at least 2 years in order to serve a S42 notice. If you do not fully understand this process, please ask the auctioneers or a solicitor.
Viewing Schedule (No Booking Required)
Thursday 30 January 2025 2:00 PM - 14:30
Saturday 1 February 2025 10:30 AM - 11:00
Wednesday 5 February 2025 10:30 AM - 11:00
Saturday 8 February 2025 10:00 AM - 10:30
Monday 10 February 2025 12:00 PM - 12:30
About this agent

Auction House London is the largest branch of the Auction House UK brand. Auction House holds more auctions annually than any other firm of auctioneers in
the UK and sold 4,957 properties throughout 2018 – over 1,000 properties more than our closest rivals. Co-founded by Andrew Binstock and Jamie Royston in
2011, Auction House London has grown year on year in its relatively short history to become one of the top 5 residential property auctioneers in the UK. We
adopt a modern and dynamic approach to offering high quality auction facilities to both corporate and independent sellers and buyers. We firml... Show more
the UK and sold 4,957 properties throughout 2018 – over 1,000 properties more than our closest rivals. Co-founded by Andrew Binstock and Jamie Royston in
2011, Auction House London has grown year on year in its relatively short history to become one of the top 5 residential property auctioneers in the UK. We
adopt a modern and dynamic approach to offering high quality auction facilities to both corporate and independent sellers and buyers. We firml... Show more