St Georges Road, Selden, Worthing

Selden
Worthing
For sale by auction

Guide price

£33,000
LOT SOLD

About this property

Property Summary

FOR SALE BY AUCTION on 30th April 2026

Auction Guide £33,000

Freehold Ground Rent Investment comprising of 5 self contained flats all sold off on long leases as follows with, we are advised, 2 of the leases having just 60 years left to run.

Flat 1 with an unexpired lease term of 159 Years at nil ground rent
Flat 2 with an unexpired lease term of 60 years at a passing ground rent of £75 per annum
Flat 3 with an unexpired lease term of 60 years at a passing ground rent of £75 per annum
Flat 4 with an unexpired lease term of 88 years at a passing ground rent of £200 per annum
Flat 5 with an unexpired lease term of 959 years at a passing ground rent of £50 per annum

Total ground rent income of £400 per annum

Subject to the Section 5b Notices as served.

PRIOR TO MAKING A LEGAL COMMITMENT TO PURCHASE, ALL BUYERS MUST SATISFY THEMSELVES, VIA THIER SOLICITOR, AS TO THE ACCURACY OF THIS INFORMATION PROVIDED BY OUR CLIENT AS WE HAVE NOT RESEARCHED THE LEASES AND ARE UNABLE TO CONFIRM ACCURACY.

Property Features

Property Features

  • For Sale By Auction on 30th April 2026
  • Freehold Ground Rent Investment
  • Total Ground Rent Income of 400 Per Annum
  • 3 Flats With 60 Year Unexpired Leases
  • Ideal Invest Opportunity

Auction date and time

24th June 2026

Auction location

The Hove Club
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ

Let's Talk

Lot and auction information, viewings and advice

Simon Caplin, Head of Auctions

Simon Caplin

Tel:
01273 762039

Email:
simonc@psandb.co.uk

Lucy

Lucy Rowland

Tel:
01273 762039

Email:
lucyr@psandb.co.uk

Important notice – Pre-registration approaval to bid, guide prices, reserves, additional charges and other matters

Pre-registration approval to bid
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Following approval to bid, the buyer named in your registration cannot be changed without consent (for which a charge might be made).

Guide Prices

  1. A guide price (to include a range of prices), is not an indication of the anticipated eventual selling price or a valuation; it is an indication of the minimum price ( “the Reserve” ) at which (or range of prices within which) the seller might be prepared to sell. The eventual sale price can and frequently does, exceed the guide price.
  2. Where a range is given, the Reserve will sit within that range and will not exceed the top end of the range. Where a single figure Guide Price is given, the Reserve will be within 10%, upwards or downwards, of that figure.
  3. The guide price may be subject to change up to and including the day of the auction. The latest published guide price (or range of prices) is displayed on our website and you should check the website regularly for updates and on the day of the auction.
  4. All guide prices are quoted “subject to contract”.
  5. Please note the guide price for the Lot does not include:
    – any Buyers’ Fee charged by the auctioneers;
    – VAT on the sale price;
    – SOLT or any other Government taxes;
    – additional costs and fees charged by the seller or third parties that might apply to some Lots and/or some buyers.
  6. If a guide price is listed as “TBA”, it means no guide price has been set at present. Please do not call our office about this – the guide price, or range of prices, will be published online immediately it becomes available and you should check the auction website regularly for updates and on the day of the auction.

Reserve Prices
The reserve price is the minimum price at which the Lot can be sold.

For more information see Important Notes for Bidders

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