LOT 10

Flats 1-8, 245-251 Old Road, Clacton-on-Sea, Essex, CO15 3LU

FREEHOLD BLOCK OF APARTMENTS LET ON AST'S
Result: Sold for £695,000 Guide price: £600,000 - £625,000*

Auction Date

Wednesday, 6th February 2019 11:00am

BY ORDER OF B TOBIN & P JOSEPH OF STRETTONS AS LPA RECEIVERS

Location & Description

A modern three storey detached block of 8 self-contained apartments (6 x 1 bed and 2 x 2 beds) on the west side of Old Road (A133) at its junction with Charles Burcart Gardens and close to the junctions with Wellesley Road and London Road (A133). Clacton mainline station (Greater Anglia) with trains directly to Liverpool Street is about ½ mile away and the sea front, pier and town centre within about a mile.

EQUIVALENT TO £58,500 p.a.

Property Features

  • Modern Development
  • 8 Flats
  • £58,500 p.a.

Status

Sold for £695,000

Addendum

The parking area to the rear of the property and referred to within the planning consent is not included within the title. We are told that this area is currently used by the occupiers of the apartments for parking, however we have no further information and prospective purchasers are advised to make their own enquiries in this regard.

Accommodation

Column 1 Column 2 Column 3 Column 4 Column 5
Unit Accommodation Tenancy Rent pcm EPC Rating
1 Ground Floor - 2 beds, reception, kitchen, bath/WC AST £575 D
2 Ground Floor - 1 bed, reception, kitchen, bath/WC AST £600 D
3 Ground Floor - 1 bed, reception, kitchen, bath/WC AST £675 D
4 First Floor - 2 beds, reception, kitchen, bath/WC AST £575 D
5 First Floor - 1 bed, reception, kitchen, bath/WC AST £600 D
6 First Floor - 1 bed, reception, kitchen, bath/WC AST £675 D
7 Second Floor - 1 bed, reception, kitchen, bath/WC AST £575 D
8 Second Floor - 1 bed, reception, kitchen, bath/WC AST £600 D
Total £4,875

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.