Lot 51: FREEHOLD INVESTMENT WITH POTENTIAL

Available At £450,000
Rupa House,
4-8 Risborough Lane,
Cheriton,
Folkestone,
Kent. CT19 4JH

Currently let at 50,100 per annum Plus vacant unit

Currently Let At: 50,100 Per Annum Plus Vacant Unit.

Viewing by arrangement with Clive Emson Auctioneers

01622 608400

Kevin Gilbert/Dave Henwood

A substantial building situated close to the junction with Cheriton High Street. The property comprises 11 flats, 10 of which have been let on Assured Shorthold Tenancy Agreements and one (Flat 11) has been sold on a long lease.

Flat 1

Ground Floor

Private entrance, kitchen/living room and room currently used as a bedroom (no window) and bathroom/W.C.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of 425 per calendar month.

Ground Floor

Communal entrance.

Flat 11

Ground Floor

Tenure

Sold on a 999 year lease from 25th June 1997.

Flat 2

First Floor

Entrance hall, living/bedroom, kitchen, bathroom/ W.C. and further room used as a bedroom (no window).

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of 425 per calendar month.

Flat 6

First Floor

Living room, kitchen, bedroom and bathroom/W.C.

Tenancy

Previously Let on an Assured Shorthold Tenancy at a current rental of 525 per calendar month.

Flat 7

First Floor

Kitchen/living room, two bedrooms and bathroom/W.C.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of 525 per calendar month.

Flat 8

First Floor

Kitchen/living room, two bedrooms and bathroom/W.C.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of 525 per calendar month.

Flat 9

First Floor

Living room/kitchen, bedroom and shower room with W.C.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of 350 per calendar month.

Second Floor

Landing.

Flat 3

Second Floor

Entrance hall, living room, kitchen, bedroom and bathroom with W.C.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of 450 per calendar month.

Flat 4

Second Floor

Living room/kitchen, two bedrooms and bathroom with W.C.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of 525 per calendar month.

Third Floor

Landing.

Flat 5 (Not Inspected)

The Auctioneers are advised that the flat comprises a living room, kitchen, bedroom and bathroom.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of 425 per calendar month.

Flat 10

Ground Floor

Private entrance.

Third Floor

Living room, kitchen, bedroom, further room used as a bedroom (no window) and bathroom with W.C.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of 525 per calendar month.

Viewing

Strictly by prior confirmed appointment with the Auctioneer's and at the the courtesy of the tenants. Interested applicants are requested not to contact the tenants directly.

Auctioneer's Note

NB. The property address is 4-8 Risborough Lane, not 4-10, as previously stated.

Residential EPC: C

Map

Loading…

The map and satellite images are based on postcode information and are available for for directions only. The may not necessarily show the exact lot being offered, but will be in close proximity. Please refer to the sale plan in the legal documentation for precise details of the lot to be sold.