Lot 47

MID-TERRACE PROPERTY ARRANGED AS FOUR FLATS

122 Rainham Road, Chatham, Kent, ME5 7EL
122 Rainham Road, Chatham, Kent, ME5 7EL
Sold £312,000

Previously let at £16,380 per annum

A freehold mid-terrace property divided into four flats, each in need of some improvement and having been let for many years. The block has a gas heating system via radiators.

Ground Floor

Communal entrance hall.

Flat 1

Bedroom, bathroom with W.C. and kitchen.

Outside

Garden to the rear.

Flat 2

Kitchen, living room, bedroom and bathroom with W.C.

First Floor

Flat 3

Kitchen, living room, bedroom and bathroom with W.C.

Flat 4

Kitchen, bedroom and shower room with W.C.

Tenancies

Flats 1 and 4 are vacant. Flats 2 and 3 are currently let at a combined rental of £9,480 per annum, however they have been served a Notice to vacate.

Further information will be provided in the legal pack which will be available to download from the Clive Emson website.

Auctioneers Note

Interested parties are advised not to contact the tenants directly.

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/