Lot 10

WELL PRESENTED THREE BEDROOM FLAT CLOSE TO DEAL CASTLE, SEAFRONT AND TOWN

12 Gladstone Road, Walmer, Deal, Kent, CT14 7ET
12 Gladstone Road, Walmer, Deal, Kent, CT14 7ET
JULY AUCTION

Currently let at £14,112 per annum

Situated just on the outskirts of Deal town centre, close to the towns shopping facilities, seafront, Deal pier and Deal Castle is this well presented three bedroom first floor flat.

We understand the flat has been improved, since 2015, with a new kitchen, including some appliances, new bathroom, loft insulation, flooring and re-decorated throughout.

Ground Floor

Own entrance and entrance hall with stairs to:

First Floor

Landing, living room with bay window (views towards Deal Castle and sea beyond), kitchen with walk in pantry and external stairs to rear garden, dining room, three bedrooms, shower room and separate W.C.

Outside

Front and rear gardens.

Tenancy

Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £1,176 per calendar month. However, the seller advises that the tenant will relinquish their tenancy if vacant possession is required on completion.

Tenure

Freehold. We understand that agreement has been made with the owner of the ground floor flat to create a freehold company of the entire building. Each flat owner would hold a 50% share of the freehold company and simultaneously grant a 999 year lease with a peppercorn ground rent per annum. A copy of the draft lease together with lease plan will be contained in the legal pack.

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/