Lot 46 - FREEHOLD BLOCK OF FOUR FLATS - Clive Emson Auctioneers

Sold £392,000

Currently let at £19,260 per annum

An attractive Grade II Listed mid-terrace property divided to provide three one-bedroom flats and a two-bedroom maisonette, all of which are let on Assured Shorthold Tenancies.

Trinity Square lies close to Old Town with facilities and amenities both in Margate and Cliftonville.

Basement Flat

Living room with arch to: kitchen, bedroom and bathroom with W.C.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £380 per calendar month.

Ground Floor Flat

Kitchen/living room, bedroom and shower room with W.C.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £325 per calendar month.

First Floor Flat

Living room, kitchen, bedroom and shower room with W.C.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £350 per calendar month.

Maisonette

Second Floor

Living room, kitchen, bedroom and bathroom with W.C.

Third Floor

Bedroom.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £550 per calendar month.

Auctioneer's Note

At the time of publication the Auctioneers have been unable to internally inspect the property. These property details have been provided by the Joint Auctioneer and interested applicants should reply on their investigations to verify the information provided.

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/