Lot 37: FREEHOLD RESIDENTIAL INVESTMENT

Residential Investment - Deal & Sandwich Areas
Postponed
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Situated in the desirable village of Walmer and a short drive from the popular town of Deal is this two storey property providing good rental income and ideal for continued investment.

This two storey building has been converted to provide two one-bedroom flats and has the potential of reverting to a single dwelling.

The property has double glazed windows and off-road parking.

Ground Floor

Flat 1

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

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £100 per week.

Separate Access with Stairs to:

Second Floor

Flat 2

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

Tenancy

Vacant.

Outside

Walled garden to rear.

Auctioneer’s Note

At the time of publication the Auctioneers have been unable to inspect the properties internally. Interested applicants are advised to make their own investigations.

Viewing

Strictly by prior confirmed appointment with the Auctioneer’s Office. Interested applicants are requested not to contact the tenants directly.

Freehold with Part Vacant Possession

Residential EPC: D

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/

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