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House For Sale £200,000
1 Virginia Road, Gillingham, Kent ME7


Description
For sale by auction on Wednesday, 22 Feb 2023 at 12:00

Venue: Live stream, www.AuctionHouse.Online

A freehold 3 bedroom end of terrace house investment, currently let & producing £1,300 per calendar month, £15,600 per annum thus giving A yield of 7.8% if purchased at guide.

A well presented 3/4 bedroom end of terrace, currently let and producing £1,300 pcm, in a good location close to all local amenities and University Campus. There is potential for future use as a student let/HMO (STPP).

Accommodation
Ground floor


Lounge: 11'2" x 9'10" (3.4m x 3.0m)

Dining Room: 11'6" x 9'10" (3.5m x 3.0m)

Kitchen: 9'6" x 8'2" (2.9m x 2.5m)

Shower Room:

WC:
First floor


Bedroom: 13'1" x 11'6" (4.0m x 3.5m)

Bedroom: 11'6" x 8'2" (3.5m x 2.5m)

Bedroom: 13'1" x 7'10" (4.0m x 2.4m)

Bathroom: 8'2" x 5'3" (2.5m x 1.6m)
Basement room


Study/Bedroom: 13'8" x 12'4" (4.1m x 3.7m)

exterior
The property benefits from a good size rear garden, there is on street parking for resident permit holders only.

Location
The property is located close to the University campus and close to all necessary amenities being so close to the town centre. Gillingham together with it's neighbouring towns of Rochester and Chatham it forms a large urban area known as The Medway Towns. The property is 30 miles from London and 40 miles from Channel Ports and Eurotunnel. The area has excellent public transport links and fast track trains into London.

Viewing
Strictly by appointment with the Auctioneer Tel: EPC Rating: D

Viewings
06 Feb 2023 09:30-10:00
13 Feb 2023 09:30-10:00
21 Feb 2023 10:30-11:00

Additional Fees
Buyers Premium: 1.2% inc VAT of the purchase price, 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.

Follow the link for more information:
        
zoopla.co.uk

  
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