Lot 109 Freehold Block For InvestmentAuction Date:
2nd November 2022
16 Marine Parade, Sheerness, Kent, ME12 2AP
Currently let at £25,680 per annum
A four storey mid-terraced property arranged as a one bedroom flat, a two bedroom flat and a three bedroom maisonette. The building is fully let and well located for Sheerness' town centre with its amenities and mainline railways station.
The accommodation is found in a fairly good order, has double glazed windows, gas heating systems via radiators and sea views from the second floor.
Upper Ground Floor
Communal entrance.
Ground Floor Flat
Living room with bay window, bedroom, rear hallway, kitchen and bathroom with W.C.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £695 per calendar month.
Council Tax Band A
Maisonette
Access with stairs to first floor
Mezzanine
Utility area, bathroom and separate W.C.
First Floor
Landing, living room with bay window and kitchen.
Second Floor
Three bedrooms.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £750 per calendar month.
Council Tax Band A
Lower Ground Floor Flat
Private entrance. Entrance hall, living room with bay window, bedroom, kitchen, bathroom with W.C. and bedroom.
Outside
Courtyard to front and private garden to rear.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £695 per calendar month.
Council Tax Band A
Viewing
External only.
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
