Lot 43 - PURPOSE BUILT FLAT WITH FREEHOLD FOR INVESTMENT OR OCCUPATION

Sold £94,000

This flat is located within a predominantly residential area of Folkestone which has good access to the town centre. The flat has its own entrance together with an enclosed rear garden. The property requires some improvement and once work has been completed, is considered ideal for owner occupation or continued investment.

Within the sale is the freehold of the whole building with the upper floors sold on a lease with approximately only 70 years remaining.

Ground Floor Flat

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

Outside

Rear garden and shed.

First/Second Floor Flat

Sold on a 99 year lease from 1st January 1990.

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/