Lot 38

FREEHOLD BLOCK OF THREE FLATS FOR INVESTMENT

3 Claremont Road, Folkestone, Kent, CT20 1DQ
3 Claremont Road, Folkestone, Kent, CT20 1DQ
Sold £263,000

Currently let at £15,900 per annum

A freehold semi-detached block of three flats situated within close proximity of Folkestone Central mainline railway station, Radnor Park and within walking distance of Folkestone town centre.

The building is arranged as three one bedroom apartments, the lower ground floor garden flat having its own entrance. All three flats have electric heating with the middle and top floor flat having double glazed windows.

All three flats are let under the terms of individual Assured Shorthold Tenancy Agreements.

Basement

Garden Flat

Own entrance, living room with bay window to front, bedroom, kitchen and bathroom/W.C.

Outside

Courtyard garden.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £375 per calendar month.

Middle Flat & Top Floor Flat

Upper Ground Floor

Communal entrance hall providing access to Middle and Top Floor Flats.

Middle Flat

Entrance hall, living room with double glazed bay window to front, bedroom, bathroom/W.C. and kitchen.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £475 per calendar month.

Top Floor Flat

Upper Ground Floor

Entrance hall with stairs to first floor.

First Floor

Landing, kitchen, bathroom/W.C., living room with bay window to front and bedroom.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £475 per calendar month.

Auctioneer's Note

Prospective Purchasers are requested not to contact the tenants direct.

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/