Lot 44 - Flat 9 Orvis Court, 5 Midway Quay, Eastbourne, East Sussex, BN23 5DF

Unconditional Online Auction Sale
Guide Price* £170,000

Waterside living with harbour views and strong investment appeal in sought-after Sovereign Harbour

Description

An excellent opportunity to acquire a spacious two-bedroom, two-bathroom waterside apartment in the highly desirable Sovereign Harbour area of Eastbourne, offered with approximately 103 years remaining on the lease. Enjoying an enviable position overlooking the Outer Harbour, this well-presented apartment combines attractive investment credentials with an exceptional coastal lifestyle, making it equally appealing to landlords, first-time buyers, downsizers and those seeking a second home by the sea.

The accommodation comprises a bright and generously proportioned living space with direct access to a private balcony, perfectly positioned to take advantage of the impressive harbour views. Two well-sized bedrooms are complemented by two bathrooms, including an en-suite facility, creating a practical and flexible layout suited to both owner-occupiers and the rental market. The waterside setting and desirable configuration are particularly attractive to tenants seeking quality accommodation in one of Eastbourne’s most sought-after residential locations.

Situated within the vibrant Sovereign Harbour development, residents benefit from easy access to waterfront walks, marina facilities, restaurants, cafés, shops and leisure amenities. Sovereign Harbour is recognised as one of the South Coast’s premier marina destinations, offering a unique blend of coastal living and everyday convenience, with Eastbourne town centre, the seafront and excellent transport links all within easy reach. The marina is home to a thriving waterfront environment and forms part of Northern Europe’s largest composite marina complex, helping to underpin long-term demand for homes in the area.

From an investment perspective, the apartment offers strong rental appeal thanks to its waterside location, two-bedroom/two-bathroom layout and proximity to local amenities, while the remaining lease term provides reassurance for purchasers. Whether acquired as a buy-to-let investment, holiday home or permanent residence, the property represents an opportunity to secure a well-located apartment in a consistently popular coastal setting.

Auction
To be sold by online auction (unconditional) on Thursday 30th July 2026 with a 6 WEEK COMPLETION, bidding will open at 10.00.

Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.

Tenure
Leasehold with vacant possession.

Lease
Term: 125 years from 29th September 2004 - 103 years remaining.

Ground rent and service charge
Please see legal pack for further details.

EPC rating
C

Council tax band
E - Eastbourne

Legal pack
For each lot there are Special Conditions of Sale and other documentation provided by the vendor's solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor. The documents may not tell you everything you need to know about the property and you are required to complete your own due diligence before bidding.

Additional fees
A buyers charge of £1,650 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.

Deposit
If you are the highest bidder when the auction ends, contracts are exchanged between you and the seller. Both parties are legally bound to complete the transaction as per the special conditions in the legal pack. Your card will be automatically debited for the bidder security amount of £6,000 and we'll require the remaining balance for a 10% non-refundable deposit. We will contact you after the auction has finished to make these arrangements.

Pre-auction offers
These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are only considered on an auction basis in accordance with the “Terms & Conditions - Unconditional Auction".

Mortgage finance
We advise all bidders who require a mortgage to confirm with their Financial Advisor as to whether or not the lot you are interested in would be suitable security to borrow finance against, prior to bidding. If you need to arrange a mortgage it is important that you obtain an offer from your lender before the day of the auction. Most building societies and banks will instruct a surveyor to prepare a valuation report before making a mortgage offer.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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