Lot 88 Well Presented Residential InvestmentAuction Date:
20th March 2025
2 Priestfield Road, Gillingham, Kent, ME7 4RF
Currently let at £40,200 per annum
Key Features
An end-terrace three storey property located in a residential area close to Gillingham town centre and its mainline railway station. The property is well presented and arranged as a five-bedroom HMO (House of Multiple Occupation) with all rooms having their own en-suite shower rooms with W.Cs.
All of the rooms are let on Assured Shorthold Tenancy Agreements and there may be potential to increase the rents.
Ground Floor
Entrance hall and communal kitchen.
Room 1
Room and en-suite shower room with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at £720 per calendar month.
Room 2
Room and en-suite shower room with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at £550 per calendar month.
First Floor
Landing and living room.
Room 3
Room and en-suite shower room with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at £630 per calendar month.
Room 4
Room and en-suite shower room with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at £700 per calendar month.
Second Floor
Room 5
Room and en-suite shower room with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at £750 per calendar month.
Outside
Garden to rear.
Viewing
External only.
EPC Rating C
Council Tax Band B
Further Information
Jon Rimmer/Isla Wild
on 01622 608400
Viewings
Applicants may view the lot externally only
Legal Documents
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- Special Conditions
- Office Copy Entries
- Local Authority Search
- Drainage Search
- Tenancy Agreement(s)
- Property Information Form
- Fixtures and Fittings Form
- EPC
- Gas Safety Certificate
- Other Documentation
- Online Auctions Buying Guide
Service Providers
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Local Information
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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
