House For Sale £255,000
For sale by auction on Wednesday, 21 Sep 2022 at 12:00
Venue: Live stream, www.AuctionHouse.Online
freehold development opportunity to build two 3 bedroom bungalows along with ground rents investment of nine flats producing £6,300 pa with further potential
A Freehold Development opportunity to build two 3 bedroom bungalows along with the Freehold Interest of Randall Court which consists of 9 flats each sold off on 125 year leases from 2005 with 108 years remaining. Producing a ground rent of £700 per flat per annum, equating to a total of £6,300 per annum. Planning Ref: MC/20/1070 The plot could see a variety different schemes other than what has been approved STPP
location
Chatham is a town located within the Medway unitary authority. The town developed around Chatham Dockyard and several Army barracks, together with 19th-century forts which provided a defensive shield for the dockyard.
The property is located less than a Mile to the South of Chatham Town Centre with its Pubs, Clubs, Bars and Restaurants as well as Shops and Chatham Mainline Railway Station with fast services to London Victoria Station.
Site details
The plot measures approximately 10,000Sq Ft (935Sq M) and consists of a purpose built block of 9 flats all sold on Long Leases with car parking and a development area of approximately 4,000Sq Ft (375Sq M).
Viewing
Strictly by appointment with the Auctioneer Tel: Additional Fees
Administration Charge - 0.6% inc VAT of the purchase price, subject to a minimum of £900 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.
Venue: Live stream, www.AuctionHouse.Online
freehold development opportunity to build two 3 bedroom bungalows along with ground rents investment of nine flats producing £6,300 pa with further potential
A Freehold Development opportunity to build two 3 bedroom bungalows along with the Freehold Interest of Randall Court which consists of 9 flats each sold off on 125 year leases from 2005 with 108 years remaining. Producing a ground rent of £700 per flat per annum, equating to a total of £6,300 per annum. Planning Ref: MC/20/1070 The plot could see a variety different schemes other than what has been approved STPP
location
Chatham is a town located within the Medway unitary authority. The town developed around Chatham Dockyard and several Army barracks, together with 19th-century forts which provided a defensive shield for the dockyard.
The property is located less than a Mile to the South of Chatham Town Centre with its Pubs, Clubs, Bars and Restaurants as well as Shops and Chatham Mainline Railway Station with fast services to London Victoria Station.
Site details
The plot measures approximately 10,000Sq Ft (935Sq M) and consists of a purpose built block of 9 flats all sold on Long Leases with car parking and a development area of approximately 4,000Sq Ft (375Sq M).
Viewing
Strictly by appointment with the Auctioneer Tel: Additional Fees
Administration Charge - 0.6% inc VAT of the purchase price, subject to a minimum of £900 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.
