Lot 85 Freehold Block Of Flats For InvestmentAuction Date:
24th July 2025
Filmer House, 21 High Street, Sittingbourne, Kent, ME10 4AY
On the instructions of the Joint Liquidators
Currently let at £37,650 per annum
Key Features
This freehold detached block of flats is located in Sittingbourne's town centre, close to local amenities and its mainline railway station. The block has six flats in total, three of the flats have been sold on long leases with a ground rent of £250 per annum each (£750 per annum in total) and the remaining three flats are currently let on Assured Shorthold Tenancies. All of the flats have their own designated parking space to the front.
Flat 1
Kitchen/living room, two bedrooms and bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £1,050 per calendar month.
EPC Rating D
Council Tax Band A
Flat 2
Kitchen/living room, bedroom and bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £925 per calendar month.
EPC Rating D
Council Tax Band A
Flat 3
Tenure
Sold on a 125-year lease from and including 29th September 2015 to and including 24th September 2140 at a current ground rental of £250 per annum, rising to £500 per annum after 25 years.
Flat 4
Tenure
Sold on a 125-year lease from and including 29th September 2015 to and including 24th September 2140 at a current ground rental of £250 per annum, rising to £500 per annum after 25 years.
Flat 5
Kitchen/living room, two bedrooms and bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £1,100 per calendar month although we have been informed the tenant has given intention to vacate on 11th July.
EPC Rating B
Council Tax Band A
Flat 6
Tenure
Sold on a 125-year lease from and including 29th September 2015 to and including 24th September 2140 at a current ground rental of £250 per annum, rising to £500 per annum after 25 years.
Outside
Six parking spaces.
Viewing
Viewing will be external only.
Further Information
Jon Rimmer/Isla Wild
on 01622 608400
Viewings
Applicants may view the lot externally only
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
