Lot 60 Pair Of Flats For InvestmentAuction Date:
1st May 2024
31 Chatham Street, Ramsgate, Kent, CT11 7QA
Currently let at £8,760 per annum
A period end-terrace building located close to Ramsgate town centre and mainline railway station. The building is arranged as a pair of one-bedroom flats, each with a private entrance, and both are currently let.
31A Chatham Street
Access at front.
Ground Floor
Living room.
Basement
First Floor
Kitchen, bedroom and bathroom with W.C.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £330 per calendar month.
Council Tax Band A
31B Chatham Street
Access at rear.
Ground Floor
Kitchen, living room, bedroom with shower cubicle, W.C. and conservatory.
Outside
Courtyard.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £400 per calendar month.
Council Tax Band A
Auctioneer's Note 1
At the time of publication the Auctioneers have not been able to internally inspect the entire property. These details have been supplied by the Seller and interested applicants should rely on their own investigations.
Auctioneer's Note 2
We understand that each tenant has been served a Section 21 Notice. Further information will be available to download from the Clive Emson website.
Viewing
External only.
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
