Lot 42

TWO BEDROOM FLAT INVESTMENT

Flat 10, Fyndon House, Spring Lane, Canterbury, Kent, CT1 1SP
Flat 10, Fyndon House, Spring Lane, Canterbury, Kent, CT1 1SP
Sold £115,000

Currently let at £8,400 per annum

Situated on the eastern side of the city of Canterbury, with its comprehensive shopping, tourist facilities, colleges and universities, is this two bedroom first floor flat, which is located in this purpose built block.

The flat has some double glazed windows and is offered subject to the existing Tenancy Agreement with the current tenant having been in occupation since January 2000.

First Floor Flat

Entrance hall, living room, kitchen/dining room, two bedrooms and bathroom/W.C.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £700 per calendar month.

Tenure

Remainder of a 125 year lease, from 29 April 1985, at a current ground rental of £10 per annum.

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/