Lot 61 - FREEHOLD STATUTORY INVESTMENT IN SAME OWNERSHIP FOR OVER 25 YEARS

Sold £138,000

Currently let at £8,112 per annum

Three storey end-terrace situated on the corner of Canterbury Road and Ethelbert Road, which lies on the northern side of Folkestone. The property has a gas heating system via radiators and the majority of windows are double glazed. It is being offered subject to the existing Statutory Tenant, a successor from the original Rent Act tenant.

Ground Floor

Entrance hall, living room with double glazed bay window to front, dining room with double glazed window and kitchen/dining room with double glazed window.

First Floor

Landing, cloakroom/W.C, bedroom one, bedroom two with further bedroom off with en-suite bathroom.

Second Floor

Landing and two further bedrooms.

Outside

Front and rear gardens.

Tenancy

Let to a Statutory Tenant at a current rental of £156 per week.

Auctioneer's Note

Prospective purchasers are requested not to contact the occupant direct.

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/