Lot 26

FREEHOLD BLOCK OF FIVE FLATS

8 Shorncliffe Road, Folkestone, Kent, CT20 2SF
8 Shorncliffe Road, Folkestone, Kent, CT20 2SF
Sold £450,000

A semi-detached property comprising five flats, two of which are let under the terms of an Assured Shorthold Tenancy Agreement, while the remaining three are offered with vacant possession.

The basement flat has its own entrance at the rear. The remaining four flats have a communal entrance with door to the front.

Basement

Flat 5

Private rear entrance, gallery kitchen, living room, bedroom and bathroom/W.C.

Tenancy

Currently vacant.

Ground Floor

Communal entrance.

Flat 1

Entrance hall, living room with bay window, kitchen, two bedrooms and bathroom/W.C.

Tenancy

Currently vacant.

Mezzanine Floor

Two store cupboards.

First Floor

Flat 2

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

Tenancy

Currently vacant.

Second Floor

Flat 3

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

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £350 per calendar month, commencing 15th September 2003, the rent having not been increased since then.

Third Floor

Flat 4

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

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £280 per calendar month, commencing on 4th April 2001, the rent having not been increased since then.

Outside

Front garden incorporating off-road parking. Rear garden.

Freehold with Part Vacant Possession

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 cliveemson.co.uk/buyers-fees/