Lot 111 - AN EXCELLENT FREEHOLD RESIDENTIAL INVESTMENT ARRANGED AS SIX SELF-CONTAINED APARTMENTS

Sold £740,000

Currently let at £47,520 per annum

A large and attractive property situated in a prominent position within the Gillingham Green conservation area, in a popular residential area close to The Strand Leisure Park.

The property is being offered for sale for the first time since it was converted in 2010 and is arranged as six well presented self contained apartments, four having two bedrooms and car parking spaces and
two having one bedroom.

Ground Floor

Communal entrance hall

Flat 1

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

Outside

Car parking space.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £695 per calendar month.

Flat 2

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

Outside

Car parking space.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £675 per calendar month.

First Floor

Flat 3

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

Outside

Car parking space.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £695 per calendar month.

Flat 4

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

Outside

Car parking space.

Tenancy

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

Second Floor

Flat 5

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

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £600 per calendar month.

Flat 6

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

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £595 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/