Lot 46 - PURPOSE BUILT TWO-BEDROOM FLAT WITH GARAGE

Sold £169,000

Currently let at £7,475 per annum

A two-bedroom ground floor purpose-built flat constructed by well-known local builder George Stone, situated on the western side of Folkestone within a short distance of Folkestone Central mainline railway station (incl High Speed - HS1) and Radnor Park with the town centre and harbour beyond.

The flat is let under the terms of an Assured Shorthold Tenancy Agreement (holding over), the current tenant having been in occupation since 2014 and the rent has not been increased since first occupation. The flat has double glazed windows.

Ground Floor

Communal entrance hall. Personal door to entrance hall, living room, kitchen, two bedrooms and bathroom/W.C.

Outside

Garage en-bloc.

Tenure

The flat and garage are held on separate leases, both for the remainder of a 999-year lease, from 29th September 1961, at a current ground rental for the flat of £150 per annum and £3 per annum for the garage (number 15).

Tenancy

Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £575 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/