Lot 88 House For InvestmentAuction Date:
1st May 2024
116 Hengist Road, Erith, Kent, DA8 1EY
Currently let at £12,960 per annum
This terrace period house is situated in an established and popular residential location, on a one-way street off Bexley Road, close to local bus routes, primary schools and a prominent shopping area serving mainly local needs. Nearby railway stations are Barnehurst (Southeastern Services) and Erith (Southeastern & Thameslink Services).
Occupied by the same tenant for a number of years, the property represents a definitive investment opportunity for either seasoned buy-to-let entrepreneurs or first-time landlords.
Ground Floor
Entrance, two reception rooms and kitchen.
First Floor
Two bedrooms and bathroom with W.C.
Tenancy
Holding over under the terms of an Assured Shorthold Tenancy Agreement, from 16th January 2019, at a current rental of £1,080 per calendar month.
Council Tax Band C
Viewings
Strictly by prior appointment with Clive Emson Auctioneers and at the discretion of the tenant.
Auctioneer’s Note
At the time of publication the Auctioneers have not inspected the property and the accommodation details have been provided by the Joint Auctioneer. Interested applicants should rely on their own investigations to verify the information provided.
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
