Guide price
£125,000
1 bed flat for salePenhill Road, Lancing, West Sussex BN15
1 bed
1 bath
1 reception
EPC Rating: C
- Auction
- Leasehold
Michael Jones & Bacon
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About this property
Excellently Presented ground floor Studio Apartment
For Sale by Modern Auction
Subject to Reserve Price & Reservation Fee
No ongoing chain
Extended lease on completion
Close to Lancing Sea Front
Walking Distance to Village Centre
Ideal First Time Buy or Investment
Allocated parking space
Viewing recommended
Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer will pay £349 inc VAT for this pack.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £450. These services are optional.
This ground floor studio apartment offers a practical and convenient living space, located close to Lancing sea front. Its position makes it ideal for enjoying coastal walks while remaining within walking distance of Lancing Village Centre, where local shops, services, and transport links are easily accessible.
The property is being sold with no ongoing chain, and an extended lease will be provided upon completion. These features ensure a straightforward purchase and make the apartment a suitable choice for a first-time buyer or an investor.
The living area is designed to make good use of the available space and benefits from natural light. Residents also have access to communal gardens, offering outdoor space to enjoy in a quiet setting.
With its combination of location and functionality, this apartment is worth considering for those looking for an affordable and manageable home or investment opportunity. Viewings are recommended.
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More information
Tenure
Leasehold (58 years)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review