Lot 97 Six One-bedroom Flats For InvestmentAuction Date:
22nd March 2023
325-327 Dover Road, Walmer, Deal, Kent, CT14 7NX
Currently let at £22,200 per annum - Plus two vacant flats
A block of four flats and a block of two flats located in the desirable town of Walmer close to its mainline railway station and local amenities.
Four of the flats are currently let and it is considered there may be the potential to improve the rental income.
325 Dover Road is situated to the front of the plot and may have potential to convert back to single dwelling with 327 Dover Road (stable block) is situated to the rear.
Local Planning
Dover District Council. Tel: 01304 872486. Website: dover.gov.uk.
325 Dover Road
Ground Floor - Flat 1
Entrance hall, living room, kitchen, bedroom and bathroom with W.C.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £450 per calendar month.
Flat 2
Private entrance.
Second Floor
Entrance hall, living room, kitchen, bedroom and bathroom with W.C.
Tenancy
Currently vacant.
327 Dover Road - Stable Block
Ground Floor - Flat 327
Living room, kitchen, bedroom and bathroom with W.C.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £450 per calendar month.
Flat 327C
Living room, kitchen, bedroom and bathroom with W.C.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £500 per calendar month.
First Floor
Flat 327A
Entrance hall, living room, kitchen, bedroom and bathroom with W.C.
Tenancy
Currently vacant.
Flat 327B
Entrance hall, living room, kitchen, bedroom and bathroom with W.C.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £450 per calendar month.
Auctioneer’s Note
At the time of publication the Auctioneer has been unable to internally inspect the property. These details have been provided by the vendor and interested applicants should rely on their own investigations to verify the information provided.
All flats are Council Tax Band A
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
