Lot 4 - 1 - 10 St. Margarets Road, St. Leonards-on-Sea, East Sussex, TN37 6EH

Upon Instructions of

Liquidators

  • Freehold partially completed residential development of 10 substantial terraced houses
  • Each has four bedrooms and roof terrace with sea views
  • Vacant possession

Viewings

Tuesday 21 June at midday and Tuesday 28 June at midday

Details

Location

The coastal town of St Leonards-on-Sea is located just to the west of Hastings, approximately 17 miles north-east of Eastbourne, 44 miles south-west of Folkestone and 32 miles south of Maidstone. The town lies alongside the A259 at the southern tip of the A21. The properties are situated on the south side of St Margarets Road, at the brow of the hill and close to the junction with Magdalen Road, a short walk from the town centre.

Description

The property comprises a partially completed development of ten self-contained large, eco-friendly, carbon neutral town houses. Each house is arranged over multiple levels and benefit from 4 bedrooms, a small terrace at lower ground level and a roof terrace with sea views. The properties are each in a similar condition. Most bathrooms have been fitted and some kitchens have been partially fitted, but outstanding works will be required before occupation.

Tenure

Freehold.

Planning Authority

Hastings Borough Council (01424 783259) www.hastings.gov.uk.

Accommodation Summary

Each house is typically arranged as follows:
Second floor: Split level lounge/diner with doors to roof terrace
Half landing: Kitchen
First floor: Master bedroom with en suite bath/shower/WC
Half landing: Bedroom and separate bathroom/WC
Ground floor: Hall and door to garage
Lower ground floor 1: Bedroom
Half landing: WC
Lower ground floor 2: Bedroom and store room. Door to terrace.

VAT

Please refer to the legal documentation.

Energy Performance Certificate

For EPC Rating please see legal documentation


Contact

Seller's solicitor

Dentons UKMEA LLP (Thomas Sheldon)
020 7320 6894
thomas.sheldon@dentons.com

*Reserve not to exceed

The reserve is the minimum amount the Seller will currently accept. This figure does not represent a valuation nor does it reflect the likely sale price. It is subject to change, upwards or downwards.

Administration Fee

The successful purchaser will be required to pay the auctioneers administration fee of £990 inclusive of VAT. Other additional costs/fees may apply - Click here.

Sold for £1,750,000

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Reserve not to exceed:
£1,725,000 - £1,750,000
Related Documents

Agreement Documents

The successful purchaser will be required to pay the auctioneers administration fee of £990 inclusive of VAT. Other additional costs/fees may apply - Click here.