Lot 68 - FREEHOLD RESIDENTIAL INVESTMENT

Sold £170,000

Currently let at £8,520 per annum

A mid-terrace house, situated in the popular Cheriton district of Folkestone, close to local shops and facilities in Cheriton High Street. The property has a gas heating system via radiators and the majority of windows are double glazed.

Ground Floor

Entrance porch, entrance hall, living room, kitchen and utility room.

First Floor

Landing, three bedrooms and bathroom/W.C.

Outside

Front and rear garden with garage at the rear, accessed via an unmade road.

Tenancy

Let under the terms of an Assured Shorthold Tenancy at a current rent of £750 per calendar month, thus £9,000 per annum and not as previously stated.

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/