Park Avenue, Skegness, PE25

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £65,000
An ideal investment opportunity - for sale with tenants in Situ. A good sized and well laid out purpose built first floor apartment in an excellent location within the town - a few steps from the sea front and beach as well as being within walking distance of the town centre, shops and restaurants and amenities. The flat offers a hallway, a 15' x 13' lounge, kitchen, two double bedrooms and bathroom (with shower). Outside there is a communal garden area at the front together with a parking space within the courtyard behind. The property benefits from gas central heating and upvc double glazing (to be newly fitted Jan 2022). There is currently a tenant in situ (on a tenancy agreement) and the flat to be bought as an investment with the tenant remaining. Viewings are available now - by appointment.


Landing/Hallway: Having a radiator and light.

Lounge/Diner: 13'8" x 14'10" (4.17m x 4.52m), Having a radiator and ceiling light point.

Kitchen: 9'9" x 9'4" (2.97m x 2.84m), Having a single drainer stainless steel sink unit set in work surfaces extending to three sides to provide a range of fitted base cupboards and drawers under, together with double wall mounted storage cupboard above, space for cooker with gas cooker point, space for fridge and freezer, space and plumbing for washing machine, tiled splash backs to work surfaces, cushioned vinyl floor covering, radiator, coving to ceiling and ceiling light point. Veissman wall mounted gas central heating boiler.

Bedroom One (Front): 11'7" x 12'8" (3.53m x 3.86m), Having a radiator and ceiling light point.

Bedroom Two (Rear): 11'7" x 10'5" (3.53m x 3.18m), Having a radiator and ceiling light point.

Bathroom: 8'1" x 6'2" (2.46m x 1.88m), Being tiled with a three piece white suite comprising panelled bath set in tiled splash surround with Triton electric shower over and shower screen, pedestal wash basin with tiled splash backs, close coupled WC, wood effect cushioned vinyl floor covering, radiator and ceiling light point

Outside: There is a communal garden area to the front and the agents understand that there is one allocated parking space in the courtyard to the side/rear of the property.

Agents Notes: The agents understand tenure of the property is leasehold and the length of lease is 999 years from 1st September 1984.

The seller advises us that they don't pay any ground rent nor service charges and haven't done so for as many years as they can remember. Therefore it is advisable for any owner to ensure their own buildings insurance policy offers sufficient cover. If in any doubt please speak to your legal representative.

The property is forsale with the tenant in situ, the current rent is £140per week.

Please note, these photos were taken in 2021. New photos will be added when possible.

Auction Notes: Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.