Lot 92 Residential Investment With Vacant FlatAuction Date:
5th May 2022
36 South Eastern Road, Strood, Rochester, Kent, ME2 4BN
Currently let at £11,352 per annum, plus vacant flat
Formerly part of the adjacent hotel, the former coach house is arranged as three residential units providing an investment opportunity.
The property is located close to Strood's mainline railway station with direct links to London as well as the town centre with all its amenities.
Ground Floor
Living room, bedroom, kitchen and shower room with W.C.
Tenancy
Currently vacant.
First Floor
Unit 1
Bedroom/living room with kitchenette and shower room with W.C.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £416 per calendar month.
Unit 2
Bedroom/living room, kitchen and shower room with W.C.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £530 per calendar month.
Outside
Yard to front.
Council Tax Band C
Viewing
Viewing of the vacant ground floor flat is by arrangement with the Auctioneers.
Freehold with Part Vacant Possession
There is an addendum available to be read
in conjunction with the legal documentation.
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 Buyers Fees
