CAMBRIDGE GARDENS HASTINGS

£350,000

5 bedrooms 5 bedrooms 3 bathrooms 3 bathrooms
This mid terrace property is is centrally located and just a few minutes from Hastings train station. Arranged over four floors and comprising three self contained flats. Some improvement works are neccessary to update and improve with scope for generating a higher rental income.

AGENTS NOTE
AUCTIONEERS COMMENTS This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, however from the date the Draft Contract is received by the buyers solicitor, the buyer is given 56 days in which to complete the transaction, with the aim being to exchange contracts within the first 28 days. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation f

BASEMENT FLAT
This property benefits from a private entrance. Accommodation comprises :sitting room, bedroom, bathroom and kitchen / diner. There is an enclosed rear garden. The property would benefit from refurbishment and improvement.br /The property is presently rented under the terms of an assured shorthold tenancy at a rent of £495 per month.

GROUND FLOOR FLAT
Lounge 11'10 x 15'2(3.60m x4.62m) in to bay window front elevationbr /Kitchen with fitted units and oven/hobbr /Bedroom 8'6 x 12'3(2.59m x 3.73m)br /Bathroom with shower over bathbr /This flat has been the subject of much improvement and is presented to a good standard throughout, some finishing touches are required. This property will command a rent of £495 per month when let.br /

UPPER MAISONETTE
Entrance from Ground floor communal hallway br /Stairs to First Floor br /Kitchen 12'7 x 8'11( 3.83m x 2.71m) with fitted oven / hob and a range of unitsbr /Lounge 10'3 x 15'3 (3.12m x 4.64m) window to front elevationbr /Stairs to Second Floorbr /Bedroom 12'10 x 8'5 (3.91m x 2.56m) window to front elevationbr /Bedroom 9'3 x 6'8 (2.81m x 2.03m) window to front elevationbr /Bedroom 9'6 x 12'7 (2.89m x 3.83m) window to rear elevation

Floor plans

EPC

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Key Features

  • FOR SALE BY AUCTION (T'S APPLY)
  • £360,000 GUIDE PRICE
  • FREEHOLD
  • INVESTMENT BLOCK
  • 3 FLATS
  • REQUIRES WORK

Call Hastings office 01424 723 523 37 Havelock Road Hastings East Sussex TN34 1BE

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Registered Office: Northwood (Hastings) Ltd, Suite 1, 3rd Floor, 11-12 St James's Square, London, SW1Y 4LB - 08164113. VAT Number :142 8860 01.

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