Lot 20 - WELL PRESENTED HOUSE IN MULTIPLE OCCUPATION INVESTMENT

Sold £270,000

Currently let at £31,200 per annum gross

An end-terrace property which is very well maintained and has operated as an investment for many years as a multi-let House in Multiple Occupation.

The property is conveniently located for the town centre and having gas heating system via radiators and replacement uPVC double glazed windows.

The House in Multiple Occupation licence issued by Medway Council is dated 18th December 2018.

Ground Floor

Entrance hall to front, Room 1, Room 2, kitchen and communal living area, shower room with W.C.

First Floor

Landing, Rooms 3, 4 & 5 and shower room with W.C.

Outside

Double garage to front, steps leading to the entrance, large rear garden with patio and summerhouse.

Tenancies

Room 1

Let on an Assured Shorthold Tenancy Agreement at a current rental of £530 per
calendar month.

Room 2

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

Room 3

Let on an Assured Shorthold Tenancy Agreement at a current rental of £525 per calendar month.

Room 4

Let on an Assured Shorthold Tenancy Agreement at a current rental of £500 per calendar month.

Room 5

Let on an Assured Shorthold Tenancy Agreement at a current rental of £495 per calendar month.

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/