• For Sale By Unconditional Online Auction
  • Guide Price* : £60,000-£70,000
  • Auction Ends

5 Glebe Way, Jaywick, Clacton-On-Sea, Essex, CO15 2EN

*** FOR SALE BY ONLINE AUCTION ON THURSDAY 18th April 2019 ***

AUCTION GUIDE PRICE - £60,000 - £70,000


Description

*** FOR SALE BY ONLINE AUCTION ON THURSDAY 18th April 2019 ***

AUCTION GUIDE PRICE - £60,000 - £70,000


DETACHED TWO BEDROOM BUGALOW OF STANDARD CONSTRUCTION WITH A RENT PAYABLE OF £529 pcm GENERATING A YIELD IN EXCESS OF 9% IF PURCHASED AT GUIDE PRICE



ACCOMMODATION

Lounge:
Kitchen:
Bathroom:
Bedroom 1:
Bedroom 2:


EXTERIOR

The property benefits from off street parking to the front of the property and a small private rear garden


LOCATION

Jaywick is a seaside village in the Tendring district of Essex, 2 miles (3 km) West of Clacton-on-Sea. It lies on the North Sea coast and is 60 miles (97 km) from London and 17 miles (27 km) from Colchester. It was constructed in the 1930s as a holiday resort for Londoners. Located on the Brooklands Estate this property is less than 1 minute walk to the beach.


NOTES

The vendor advises that the property is of standard construction Auction House has not verified this at time of publishing.

The Assured Shorthold Tenancy agreement is for 6 months from 18th February 2018. The tenants are holding over. The rent payable on the agreement is £150 per week but perspective purchasers should refer to the special conditions in the legal pack for actual rent being paid.

Additional Fees
Buyer's Premium: £1,800.00
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion

Administration Charge

Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.

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* Guide | £60,000-£70,000
  • Bungalow
  • 2 Bedrooms
  • Unconditional (Immediate Exchange)

Call the team on 01702 33 33 99 for more information

Viewing Times

From To Note
09/04/2019 11:00 09/04/2019 11:30

Related Documents

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.