Lot 139 Flat For InvestmentAuction Date:
30th October 2025
Flat 29, Samuels Tower, Longhill Avenue, Chatham, Kent, ME5 7AT
Currently let at £11,400 per annum
Key Features
A self-contained one-bedroom flat located on the second floor of a purpose-built block. The flat is in good condition, has double glazed windows, electric heating, and is located close to the Medway Maritime Hospital and equidistant between Chatham and Gillingham’s town centres. We have been informed by the Seller that the property is let to professional tenants and the flat is considered ideal for continued investment.
Ground Floor
Communal entrance.
Second Floor
Flat 29
Entrance hall, 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 £950 per calendar month.
Tenure
Remainder of a 125 year lease from 27th July 2004
Auctioneer’s Note
We have been informed by the Seller that the block was previously unmortgageable however, works have been carried out to improve the building and to the Seller’s knowledge the issues have been rectified, interested applicants are advised to rely on their own investigations.
Due to the works that have been done, the service charge has been increased for this year but we have been informed that the Seller expects this to be reduced for the next year.
Viewing
External only.
EPC Rating C
Council Tax Band A
Further Information
Jon Rimmer/Chris Milne
on 01622 608400
Viewings
Applicants may view the lot externally only
Service Providers
Click here if you are looking for a solicitor, insurance company, finance company or a property related organisation or firm
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
