Flat 3, 13 The Steyne, Bognor Regis, PO21 1TX

1 Bedroom Top Floor Flat, Flat 3, 13 The Steyne, Bognor Regis, PO21 1TX

Overview

Hammer Price Homes are delighted to present for sale by online auction this vacant & chain free 1 bedroom 3rd floor flat situated in Steyne Gardens, a conservation area in Bognor Regis.

The accommodation briefly comprises: sitting room, kitchen/breakfast room, one bedroom and a bathroom.

The property offers excellent views looking out to well-maintained gardens and the Bognor Regis promenade.

This unique and characterful property requires enhancement throughout and provides an exciting opportunity to those looking for a modernisation project. Please note that this is a listed building and the necessary consents may be required before undertaking such work.

Location

Esmond House is ideally located just 0.3 miles west of Bognor Regis Town Centre, bringing a wealth of local amenities including a cinema, a library, and fine array of shops, bars and restaurants. Bognor is a traditional seaside town and boasts an attractive promenade which can be easily accessed just 200 meters from the property. The Steynes location is perfect for getting out and about, with costal walks and various parks and gardens on your doorstep.

The local hospital and Bognor Regis railway station, which provides direct routes into London Victoria Station, are located less than half a mile away. The University of Chichester can also be reached in around 5 minutes by car.

Auction Details

** Open to Mortgage buyers also. 90 Days to complete and no deposit payable**

Please note that there is a Reservation fee (2.4% Inc. VAT subject to a minimum of £2,400 Inc. VAT) payable by the buyer on winning the auction. The reservation fee does not constitute part of the sale price, this is the auctioneer’s fee and is to be paid over & above the sale price paid to the Vendor.

To view the property you must register and book on one of the open days as detailed above. (Please note: Entrance will be refused if you are not on the list so please make sure you book your place using the online system. Lists close 24 hours before the open day starts so book in plenty of time.)

Auction ends – Thursday 22nd March 2018 at 1pm (please read anti-sniping rules which may extend the auction)

Bidding Window Opens – Monday 19^th March 2018 (Please note bidding won’t be possible until this time)

Starting price – £70,000 (Reserve price is higher & unpublished)

Other Information

Tenure – Share of freehold & Leasehold with 54 years remaining.

Please note that this is a share of freehold and we do not foresee issues with obtaining a lease extension.  This should be completed post Auction and there will be no grounds to exit the sale with a return of the reservation fee for issues around the lease extension.

Maintenance charges – We understand that there is an informal agreement between the 3 freeholders.

How to make an offer

Offers can only be made via the online auction in the form of a bid once the bidding window has opened. No offers will be accepted outside of the auction process.

Once a sale has been agreed (STC) and a price agreed then no further price negotiation will take place. This sale price is fixed and the buyer honoured to pay it. Should the buyer withdraw then they may have to forfeit the reservation fee.

Please read the buyer terms and FAQ’s on the site for more details.

This property is sold as seen. The solicitor to the estate has never lived there and may not be able to answer the usual pre-contract questions.