Lot 102

TWO-BEDROOM MAISONETTE FOR IMPROVEMENT

Upper Maisonette, 30 Broadmead Road, Folkestone, Kent, CT19 5AN
Upper Maisonette, 30 Broadmead Road, Folkestone, Kent, CT19 5AN
Guide Price £75,000+ * + Fees

Viewing by arrangement with Clive Emson Auctioneers

A first/second floor maisonette situated in this end-terrace building on the corner of Broadmead Road and Victoria Road, a short walking distance of Folkestone Central (including high speed) railway station and Radnor Park playground.

The maisonette requires improvement and redecoration and has a gas heating system via radiators and double glazed windows.

Ground Floor

Communal entrance with stairs to upper maisonette.

First Floor

Private door to entrance hall and stairs to second floor. Living room with arch to kitchen/dining room and bathroom/W.C.

Second Floor

Landing, two bedrooms and W.C. with wash hand basin.

Tenure

Remainder of a 99-year lease, from 24th June 1987, at a current ground rental of £50 per annum.

Auctioneer’s Note

The freeholder has confirmed, in a letter dated 20th September, 2021, and valid for three months, that a lease extension for an additional 90 years may be added to the original term at a premium of £20,000, plus the freeholder’s costs of £800 plus VAT. Further information will be included in the legal pack which will be available to download from the Clive Emson website.

Leasehold with Vacant Possession

Upper Maisonette, 30 Broadmead Road, Folkestone, Kent
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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/