Lot 1 Pair Of Flats For InvestmentAuction Date:
1st May 2024
16 Priestfield Road, Gillingham, Kent, ME7 4RF
Currently let at 14,520 per annum (To increase to £15,840 per annum after 14th May 2024)
A pair of flats within an attractive bay fronted property in an established residential area conveniently located for the mainline commuter railway station and the busy town centre. Each flat has a gas heating system via radiators.
Ground Floor
Entrance hall.
Ground Floor Flat
Living room, bedroom, kitchen and bathroom/W.C.
Outside
Garden.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £610 per calendar month.
Rent to increase to £660 per calendar month from 3rd May 2024
Council Tax Band A
First Floor Flat
Living room, bedroom, kitchen and bathroom/W.C
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £600 per calendar month.
Rent to increase to £660 per calendar month from 14th May 2024
Council Tax Band A
There is an addendum available to be read
in conjunction with the legal documentation.
Important
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.
* Price Information
Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
Additional Fees
An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.
All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to Buyers Fees
