Worthing flats sold at Clive Emson auction

A house arranged as three flats in central Worthing was sold at auction last week. (wed 20 sept)

Inner terrace 121 Clifton Road was among 180 lots in the latest auction held by one of the top five property auctioneers in the UK, Clive Emson Land and Property Auctioneers.

Offered jointly with Ketchen King, it went under the gavel at £337,500 at the firm’s auction which ended on Wednesday 20 September.

The fully-let property generates £36,960 per annum in rent.

Senior Auction Appraiser and Auctioneer Richard Payne said: “We considered that this bay-fronted property was ideal for continued investment and our purchaser agreed.

“Arranged over three floors, with three self-contained flats having recently been refurbished for letting purposes, we felt it would make an excellent addition to any residential property portfolio.”

The property is situated in the town centre, on the west side of Clifton Road close to its junction with Tarring Road, being within easy access of comprehensive local shopping facilities, amenities and Worthing mainline station.

There are excellent road links to Brighton, Chichester and all surrounding areas via the nearby A27 and A259.

 

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Bexhill shops and flats sold at auction

Two neighbouring blocks of three flats with a ground floor commercial property in Bexhill-on-Sea were each sold last week.

Both were offered jointly with Dyer & Hobbis and went under the gavel at the firm’s auction which ended on Wednesday 20 September.

The properties are located in one of Bexhill's main thoroughfares offering easy access to Bexhill seafront, De La Warr Pavilion and Bexhill railway station.

End-terrace 9 Sackville Road went for £393,000. It is currently let at £24,000 per annum and it is estimated that the total rental when fully let would be £34,200 per annum.

Auction Appraiser Chris Milne said: “This town centre block comprises a pair of two-bedroom flats, a one-bedroom flat and a commercial unit operating as a music shop. Flat 2 is vacant and has recently undergone some refurbishment.

“The property is let providing a good income and we considered it ideal for immediate investment – with our purchaser agreeing.”

Mid-terrace 7 Sackville Road achieved £330,000 freehold. The property is currently let at £31,310 per annum.

Chris added: “This mid-terrace block in the town centre comprises of two two-bedroom flats, a one-bedroom flat and a ground floor commercial unit, currently operating as a book store.

“The property is fully let, providing a good income, ideal for immediate investment and it was no surprise to see it acquired.”

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A mixed use investment property in Bexhill comprising ground floor commercial unit, three flats and single lock-up garage was also sold at the auction.

End-terrace 21 Wickham Avenue, also offered jointly with Dyer & Hobbis, went under the gavel at £318,000 freehold. It is currently let at £28,900 per annum.

The block, situated on the corner of Wickham Avenue and Cornwall Road, is arranged as mixed residential and commercial accommodation with detached single lock-up garage.

Chris said: “The property was considered ideal for immediate investment – and our bidders agreed.

“It is fully let and provides a good income and is located within Bexhill town centre offering easy access to local shops, amenities and the mainline railway station.”

The three flats are self-contained and accessed from Cornwall Road and the commercial premises, currently trading as a tailor fronts Wickham Avenue.

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Saltdean chalet bungalow sold at Clive Emson auction

A detached chalet bungalow in need of updating on a prominent corner plot overlooking a park near Brighton went under the auctioneer’s gavel this week. (wed 20 sept)

Two-bedroom 52 Arundel Drive East, Saltdean, was among 180 lots in the latest auction held by one of the top five property auctioneers in the UK, Clive Emson Land and Property Auctioneers.

It was sold for £440,000 freehold after strong bidding at the firm’s auction which ended on Wednesday 20 September.

Senior Auction Appraiser and Auctioneer Richard Payne said: “This ideal opportunity to acquire a detached chalet bungalow arranged over two floors, providing light and spacious accommodation in need of updating proved too good to miss.

“We considered that this bungalow had the potential for redevelopment or extension, subject to all necessary consents being obtainable, and strong early interest translated into competitive bidding.”

Arundel Drive East is situated in East Saltdean, overlooking the Saltdean Oval Park close to shopping facilities and all local amenities, including the well-known Saltdean Lido.

The sea front is easily accessible with its recreational facilities and there are excellent road links via the A259 to Brighton, Lewes and all surrounding areas.

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A lock-up garage just off Hove seafront sparked a bidding war before it was sold for £44,000 – more than twice the freehold guide price – as an investment.

The garage, situated in the northern row at the west end of a compound rear of Princes Avenue, is currently let on a licence at £1,140 per annum.

The compound is located between Kingsway and Princes Avenue with vehicular access from the rear of Viceroy Lodge, just off Hove Street and additional access between 2 and 2B Princes Avenue.

Richard added: “In a city where parking is generally at a premium, a rarely available lock-up garage was sure to attract strong interest – and this proved to be the case.

“Anyone thinking of disposing of a similar property might wish to come to market now.”

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Bidding war over Horsham land with planning consent

Land adjacent to 85 Timber Mill in Southwater was among 180 lots in the latest Clive Emson auction.

It went under the auctioneer’s gavel at £271,000 freehold at the firm’s auction which ended on Wednesday 20 September.

Senior Auction Appraiser and Auctioneer Richard Payne said: “This rectangular shaped building plot is located on level ground proved to be highly popular.

“Good early interest translated into strong bidding as the potential of the site was recognised.

“When developed, it will provide two semi-detached properties, as per the planning consent, or it could be one large, detached house, subject to all necessary consents being obtainable.

“Although we are unaware of the owner’s intentions, we will be interested to see what the future holds for this site.”

The secluded plot, extending to 0.05 hectares (0.13 acres), is situated in an established residential area fronting woodland and adjacent to local schools, shops and amenities.

There are excellent road links to Horsham, Gatwick and surrounding areas via the nearby A24. The plot is approached via a landscaped parking court and separate construction access (both already implemented).

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Attractive Pulborough house sold at Clive Emson auction

A detached house with garage and gardens in need of updating in Pulborough was also sold with Clive Emson last week.

Moyne, in Stane Street, Codmore Hill, was among 180 lots in the latest auction held by one of the top five property auctioneers in the UK, Clive Emson Land and Property Auctioneers.

It went under the gavel at £320,000 freehold after strong bidding at the firm’s auction which ended on Wednesday 20 September.

Senior Auction Appraiser and Auctioneer Richard Payne said: “Although needing updating, this bay fronted 1930s style house proved to be an attractive proposition.

“Competitive bidding led to a good price being achieved for the vendor while the purchaser has acquired an excellent property.”

The house provides spacious accommodation over three floors, has double glazing and an oil fired heating system via radiators.

There is a large driveway with a detached double garage, parking area for multiple vehicles and gardens surrounding the property.”

The house is situated off the A29 (Stane Street) close to Codmore Hill on the outskirts of Pulborough and approximately one mile from the nearest train station.

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Auction takeaway for Bognor fast food unit with potential

Vacant 59 Hawthorn Road, a hot food takeaway unit in Bognor Regis was sold for £70,000 freehold at the Clive Emson auction which ended on Wednesday 20 September. Estimated rental value for the premises is £10,000 per annum.

Senior Auction Appraiser and Auctioneer Richard Payne said: “This great opportunity to acquire a hot food takeaway premises with the potential to develop the business was recognised by our buyer.

“We felt that the property, formerly trading as a takeaway kebab shop and situated in the secondary commercial thoroughfare in a small parade of shops, would ideally suit an owner occupier or as an investment.”

Hawthorn Road is situated just off the Chichester Road (B2259) and is opposite Bognor Rugby Club with excellent road links to Chichester, Worthing, and all surrounding areas via the nearby A259.

 

The next auction, the seventh of eight this year, goes live on Monday 30 October and ends on Wednesday, 1 November. Deadline for entries is 9 October. See https://www.cliveemson.co.uk/ for more details.