London Road

Ref: Lot 3

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Town & Country Property Auctions South
Town & Country Property Auctions South

Unconditional (Buyer's Premium)

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a £5,000 or 5% deposit and a 2%+VAT (subject to a minimum of £6,500+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Description

Town & Country Property Auctions are delighted to offer for sale by public auction this tastefully appointed, light and airy one bedroom first floor apartment in the characterful, converted Old Flour Mill, which is a Grade 2 listed building. The flat has subtly retained reminders of the historical building in a modern, efficient layout which optimises the space. Picturesque views and the calming burble of the millstream below are shared by the spacious double bedroom and the open plan kitchen / living room. A generously proportioned 3 piece bathroom with a corner bathtub completes this fabulous apartment. The property is sold complete with all the contents as listed in the legal documents. The property is currently used for short term lets with high occupancy and offering a lucrative income stream from tourists in transit requiring accommodation.
Conveniently located for easy access to all amenities, tourist attractions and the Dover Ferry Terminal, this is an investment opportunity not to be missed.

The property will be entered into our 30th April auction which is held online and starts at 10am. You must register to bid and download the legal pack.

*** Call to book a viewing for Friday 26th April***

PROPERTY FEATURES
. One Bedroom
. One Reception Room
. Leasehold
. Length of lease remaining: Approx 189 Years
. Annual ground rent: £200 Approx
. Annual service charge: £800 Approx
. Council tax band: B
. Rental Value Per Month: £800-£1200
. 28 Day Completion

The property is available for viewing immediately. Please contact Town & Country Property Auctions for more information and to register for the auction. The auction will be held online, and registration is now open.

Buyers Premium

* Buyers Premium AppliesT

Pre Auction Offers Are Considered

The seller of this property may consider a pre-auction offer prior to the auction date.  All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit.  To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online.  To find out more information or to make a pre-auction offer please contact us.

Special Conditions

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’.  Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Council Tax Band

B

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* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.

We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.

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