Lot 88 - EIGHTEEN BEDROOM PROPERTY WITH PLANNING FOR AN ADDITIONAL BUILDING, PARKING AND PREVIOUS PLANNING FOR EXTENSION AND CONVERSION INTO NINE FLATS

Sold £980,000

Currently let at £69,840 per annum plus six vacant units

Estimated full rental income £98,280 per annum

An impressive detached property situated in the sought after Whitstable Road area which lies on the western side of Canterbury. The premises is located within close proximity to the University Campus, Canterbury West railway station and the City with its numerous tourist attractions beyond.

The property is arranged as a House of Multiple Occupation comprising 18 letting rooms, arranged over three floors.

There are communal shower rooms/W.C.s on the ground and first floors and a bathroom on the second floor. In addition there is a communal dining space, two kitchens and utility room.

To the rear of the property is vehicular access off Westgate Court Avenue leading to off-road parking for several vehicles and a garden with cycle storage facilities.

Planning

Planning Permission has been granted by Canterbury City Council under ref: 19/00990, dated 1st November 2019, for a detached outbuilding to the rear with residential accommodation above, subject to conditions.

Proposed Accommodation

Ground Floor

Three car ports, cycle store and hallway with stairs to first floor.

First Floor

Landing.

Unit 1

Bedroom with en-suite shower room with W.C.

Unit 2

Bedroom with en-suite shower room with W.C.

Previous Planning

Planning Permission was granted by Canterbury City Council under ref: CA/15/02157/FUL, dated 2nd March 2016 (now lapsed), for the alteration, extension and conversion of the property to nine apartments.

Auctioneer's Note

Copies of the Planning Consents and proposed plans will be available to download from the Canterbury City Council website, Clive Emson website or inspection at the Auctioneers Office.

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/