2021-09-14 11:25, User_1

Auction House Essex Agent Valuation of this property is £95,000

Description:

For sale by auction on Tuesday, 26 Oct 2021 at 12:00

Venue: Live stream www.AuctionHouse.Online,

A leashold top floor flat currently let on an expired AST generating A yeild of £6,900 p.a. (7.2% if purchased at guide)

The property is a converted house built circa early 1900's of standard bricks and mortar construction. The first floor flat is described as being in average condition.

Accommodation
First floor

Landing/Hallway
Kitchen/Lounge: 15'1" x 11'11" (4.6m x 3.6m)
Bedroom: 10'10" x 9'7" (3.3m x 2.9m)
Bathroom: 11'6" x 9'5" (3.5m x 2.9m)

exterior
The flat is accessed from the street entrance at the front of the property via a communal entrance

location
Gillingham is a large town in Kent, in the unitary authority of Medway. Gillingham means a "homestead of Gylla's family", from Old English ham and ingas, and was first recorded in the 10th century as Gyllingeham. The property is located in a residential area at the Town Centre about 200 yards to the East of Gillingham Mainline Railway Station

notes
At this time no member of the Auction House team has gained access to the property to confirm that the particulars are a true and correct reflection of the property

viewing
Strictly by appointment with the auctioneer Tel: EPC Rating: D

Additional Fees
Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1800 inc VAT, payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each 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.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

2021-09-14 11:25, User_1

2021-09-14 11:25, User_1