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

Guide Price £295,000 – £305,000 * + Fees

Currently let at £21,660 per annum - Plus vacant flat

Viewing by arrangement with Clive Emson Auctioneers

01622 608400
Kevin Gilbert

Online Bidding

Legal Documentation

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A freehold block of four one-bedroom flats situated close to the local facilities of Cheriton High Street and local schools. Transport links are nearby with the high speed link to London (Folkestone West), junction 12 of the M20 motorway and the Eurostar terminal are all within a short drive. The larger town of Folkestone offers further shopping and other facilities including the Creative Quarter and Harbour Arm.

31 Risborough Lane

Ground Floor

Communal entrance for access to Flats 1, 2 & 3.

Flat 1

Basement

Entrance hall, kitchen/living room, bedroom and bathroom.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £525 per calendar month.

Flat 2

Ground Floor (Front)

Hallway, open plan living room/kitchen, bedroom and shower room/W.C.

Tenancy

Currently vacant.

Flat 3

First & Second Floor Maisonette

Open plan kitchen/living room, bedroom and bathroom.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £650 per calendar month.

31 Broomfield Crescent, CT19 7FE

Maisonette

Own entrance located at the rear of 31 Risborough Lane (known as 31 Broomfield Crescent).

Lower Ground Floor

Entrance hall with stairs to ground floor rear, bedroom and bathroom/W.C.

Ground Floor

Landing, L-shaped kitchen/living room.

Outside

Parking

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £630 per calendar month.

All Flats Council Tax Band A

Viewings

Viewing of the vacant unit, Flat 2, is by prior arrangement with Clive Emson Auctioneers.

Freehold with Part Vacant Possession

31 Risborough Lane, Cheriton, Folkestone, Kent

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/