Sandgate Road
Ref: Lot 2
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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 £8,500+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).
7 Quain Court, Sandgate Road, Folkestone, Kent, CT20 2HH
Vacant One Bed Flat in Need of Renovation, 7 Quain Court, Sandgate Road, Folkestone, Kent, CT20 2HH - Leasehold
Vacant One Bed Flat in Need of Renovation, 7 Quain Court, Sandgate Road, Folkestone, Kent, CT20 2HH - Leasehold
Description
Town & Country Property Auctions (Sussex & Kent Office) are delighted to offer for sale by public auction this one double bedroom 1st floor flat in need of renovation in Quain Court, Sandgate Road, Folkestone, Kent, CT2. The property is a short walk from the beach and benefits from a lift to all floors. The property does have approx. 56 years on the lease and we are advised that the client will serve a section 42 notice to the freeholder to begin the lease extension process which will be handed over to the new owner on completion if required.
OPEN DAY VIEWING - BOOK NOW
4th June 2024 at 1pm until 2pm we will be holding an open hour for all interested parties to inspect the property. Please contact the office to book in your appointment. No further viewing days will be offered prior to the start of the auction.
The property will be entered into our 12th June auction which is held online and starts at 10am. You must register to bid and download the legal pack.
PROPERTY FEATURES
. One Double Bedroom Flat
. Lounge/ Diner
. Bathroom
. Separate Kitchen
. Lift To All Floors
. In Need of Renovation Throughout
. Short Walk To The Beach
. Property Tenure: Leasehold
. Length of Lease Remaining: 56 Years Approx.
. Annual Ground Rent: Approx £80 PA
. Service Charge: Approx £2800 Per Annum (Which Includes Heating, Water & Sewerage)
. 28 Day Completion
. Open Day 4th June 2024 at 1pm - Book Today
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.
Tenure
Leasehold
Buyers Premium
* Buyers Premium Applies
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.
* 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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- Buyers are advised to refer to individual terms and conditons, relevant legal pack and are not to rely on details or videos provided by the agent as statement of fact on the basis on proceeding with a sale
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