2 bed Flat For Sale £140,000
For sale by auction on Wednesday, 02 Nov 2022 at 12:00
Venue: Live stream, www.AuctionHouse.Online
A leasehold 2 bedroom flat investment currently let and producing £800 per calendar month (thus £9,600 per annum) delivering A yield of 6.8% if purchased at guide.
A larger than average 2 bedroom flat in a purpose build block, held on a 125 year lease from 25.06.2003 thus 105 years remaining. The flat is currently let on AST rolling over and producing £800 per calendar month. The property benefits from an allocated parking space and communal garden.
Accommodation
Lounge
Kitchen
Bedroom
Bedroom
Bathroom
Utility Room
WC
(measurments to follow)
exterior
The apartment is located in a purpose build block of four apartments, with off street allocated parking a communal garden.
Location
The property is located in a purpose build block of four apartments in a sought after village location in Iwade. Sittingbourne train station is 2.2 miles from the property and offers fast link trains into London.
Viewing
Strictly by appointment with the Auctioneer Tel: EPC Rating: D
Additional Fees
Buyers Premium: 1.2% inc VAT of the purchase price, subject to a minimum of £1800 inc VAT, payable on exchange of contracts.
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
A leasehold 2 bedroom flat investment currently let and producing £800 per calendar month (thus £9,600 per annum) delivering A yield of 6.8% if purchased at guide.
A larger than average 2 bedroom flat in a purpose build block, held on a 125 year lease from 25.06.2003 thus 105 years remaining. The flat is currently let on AST rolling over and producing £800 per calendar month. The property benefits from an allocated parking space and communal garden.
Accommodation
Lounge
Kitchen
Bedroom
Bedroom
Bathroom
Utility Room
WC
(measurments to follow)
exterior
The apartment is located in a purpose build block of four apartments, with off street allocated parking a communal garden.
Location
The property is located in a purpose build block of four apartments in a sought after village location in Iwade. Sittingbourne train station is 2.2 miles from the property and offers fast link trains into London.
Viewing
Strictly by appointment with the Auctioneer Tel: EPC Rating: D
Additional Fees
Buyers Premium: 1.2% inc VAT of the purchase price, subject to a minimum of £1800 inc VAT, payable on exchange of contracts.
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.
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