Lot 139 Freehold Residential InvestmentAuction Date:
8th February 2023
45 Orlestone View, Hamstreet, Ashford, Kent, TN26 2LB
Currently let at £9,360 per annum - Rent increase due 1st February 2023 to £10,020 per annum
A freehold residential investment situated on the outskirts of the village of Hamstreet in the relatively modern estate of Orlestone View. This coach house style property has double glazed windows and a gas heating system via radiators.
Coach House
Ground Floor
Entrance hall with stairs to first floor.
First Floor
Landing with two store cupboards, living room opening to kitchen, two bedrooms and bathroom/W.C.
Outside
Parking Space.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £780 per calendar month. However, a Section 13 Notice has been issued to the tenant, increasing the rent from 1st February 2023 to £835 per calendar month (equivalent to £10,020 per annum).
Council Tax Band B
Auctioneer's Note
The two garages known as 44 and 46 Orlestone View have each been sold on a 999-year lease from 1st January 2005 at a peppercorn ground rent.
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
