Lot 97

FREEHOLD BLOCK OF FOUR FLATS

6 Connaught Road, Folkestone, Kent, CT20 1DA
6 Connaught Road, Folkestone, Kent, CT20 1DA
Withdrawn Prior

Currently let at £19,000 per annum plus vacant ground floor flat Plus vacant ground floor flat

Estimated rental £26,500 per annum

A freehold semi-detached property comprising four flats, all two-bedrooms, and located in Connaught Road, a short walk from the town centre. Three of the flats are currently let under Assured Shorthold Tenancy Agreements, while the ground floor flat is in the process of being re-decorated.

Basement Flat

Own entrance, living room, kitchen, two bedrooms and bathroom with W.C.

Outside

Garden area.

Tenancy

Let under the terms of an Assured Shorthold Tenancy Agreement at £460 per four week period.

Ground Floor Flat

Living room/kitchen, two bedrooms and bathroom with W.C. The flat has double glazed windows and a gas heating system via radiators.

Tenancy

Vacant. Estimated rental £625/£650 per calendar month.

First Floor Flat

Living room, kitchen, two bedrooms and bathroom with W.C. The flat has double glazed windows and a gas heating system via radiators.

Tenancy

Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £570 per calendar month.

Second Floor Flat

Living room, kitchen, two bedrooms and bathroom with W.C. The flat has double glazed windows and a gas heating system via radiators.

Tenancy

Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £515 per calendar month.

Viewing

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

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/