Summary - Flat 5, 12 Royal Road CT11 9LE
1 bed 1 bath Apartment
Compact seaside apartment with rental income potential and auction sale.
Top-floor one-bedroom with rooftop sea views
Chain-free sale, immediate vacant possession possible
Sold at Modern Auction; undisclosed reserve applies
Buyer's fees: 4.5% Reservation Fee (min £6,600) plus £349 pack fee
Leasehold with c.137 years remaining
Service charge c. £1,135pa; ground rent £300pa
No central heating system; electric heaters assumed
Period timber-frame building; likely limited insulation
Set on the top floor of a period terrace in sought-after Royal Road, this compact one-bedroom apartment offers rooftop sea views and immediate rental income. Chain-free and sold via Modern Auction, it suits first-time buyers seeking a seaside bolt-hole or investors wanting an income property.
The flat totals approximately 366 sq ft and is well laid out for its size: a living area with window-side seating overlooking the sea, a bright kitchen with good unit space, a narrow double bedroom and a small shower room. There are 137 years remaining on the lease, making it a straightforward leasehold purchase.
Buyers should note material sale and property details plainly. The property is being sold at auction subject to an undisclosed reserve and buyer fees apply, including a non-refundable Reservation Fee of 4.5% (minimum £6,600) plus a £349 fee for the Buyer Information Pack. The auction method requires completion within 56 days of contract exchange. Service charge and ground rent are current costs: roughly £1,135pa service charge and £300pa ground rent.
The apartment currently has no central heating system (electric heaters assumed), and the building’s construction is historic timber-frame with assumed lack of modern insulation. The immediate income from an existing tenancy is a plus for investors, but the local area records higher-than-average crime and a very deprived local area classification — factors to weigh when considering long-term rental prospects or resale value.
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