94 Bohemia Road, St. Leonards-On-Sea, East Sussex (Archive)

> A Substantial Four Storey Mid Terrace Property
> Arranged As 1 x 2 Bed & 1 x 3 Bed Maisonettes
> Currently Tenanted - Req. Complete Modernisation

Guide Price: £140,000 Plus

Description:

Location

The property can be found on Bohemia Road (A21) which provides direct access to centre of Hastings, together with connections to surrounding areas and London. The area is well placed for access to a range of local amenities with various supermarkets available in the area and the nearby shopping parades in Silverhill and St. Leonards.

Description

This substantial four storey property requires complete modernisation and would make an ideal purchase for property professionals/cash buyers. The property comprises of 1 x 2 and 1 x 3 bedroom maisonettes with a garage/workshop to rear, which are all currently let at a combined amount of £12,116 pa. The property offers various potentials and options including a significant rent increase once fully modernised and the potential for re-development (STPP).

Accommodation

GROUND FLOOR: Communal Entrance Door to Communal Entrance Hallway with doors to: LOWER MAISONETTE: Bedroom One/Living Room Two with Stairs to Basement Level, Bedroom Two. BASEMENT LEVEL: Living Room, Dining Room, Bathroom, Kitchen (with door to rear courtyard). UPPER MAISONETTE GROUND FLOOR: Entrance Hallway with Stairs to First Floor. FIRST FLOOR: Landing with Stairs to Second Floor, Living Room, Bedroom Two, Kitchen, Bathroom. SECOND FLOOR: Landing, Bedroom One, Bedroom Three. OUTSIDE: Courtyard garden to rear with detached garage/workshop. Pedestrian and vehicular access provided from Spring Street.

Tenancy Details

The property is currently let as follows: Lower Maisonette - Periodic AST at £411.67 pcm Upper Maisonette - Periodic AST at £446.33 pcm Workshop - Let at £1,820 PA payable quarterly Copies of these agreements will be included in the legal pack and all prospective purchasers are advised to have satisfied any enquiries regarding the status of the tenancies prior to bidding.

Planning Details

The property was issued a Certificate of Lawful Development for existing use as residential (C3) by Hastings Borough Council on 22nd November 2018 under application number HS/EX/18/00897. A copy of this will be included in the legal pack and all prospective purchasers are advised to have satisfied any enquiries regarding this prior to bidding.

Agents Note

The property is subject to Section 11/12 Improvement Notice issued by Hastings Borough Council. A copy of this will be included in the legal pack and all prospective purchasers are advised to have satisfied any enquiries regarding this prior to bidding.

Tenure

Freehold

EPC Rating

GFF - TBC, FFF - F.

Important Notice

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price. Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at. When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.