2 bedroom property for sale
Key information
Features and description
- Tenure: Freehold
- Freehold title
- Fully licenced HMO
- Six bedrooms
- Kitchen/breakfast room
- Utility room
- Garden & cellar
Gross Income of £51,840 per annum (including utility bills). We are pleased to offer to auction this excellent investment opportunity which has been fully let to the current tenants since 2019.
The accommodation is arranged three floors with two bedrooms per floor all with en-suite shower rooms. In addition the ground floor has a kitchen/breakfast room, a sperate utility room and a door leading to the cellar.
The property is located in the favourable area of Wincheap which allows you to walk into the city centre in 5 minutes, with its array of shops, restaurants and recreational facilities. There are two mainline train stations both having links into London with the west station providing the high speed service to St. Pancras.
Please note we have not inspected this property.
Rooms
Location
The subject property is located along Wincheap, Canterbury. The property is well located a short walk from Canterbury Town Centre with easy access to transport links. The closest bus stop is a minutes walk away as well as Canterbury East train station being a short walk away. The subject property is 16 miles west of Margate and 62 miles east of London.
Accommodation
Ground floor front bedroom
10' 10'' x 11' 10'' (3.30m x 3.60m)
Ground floor Front bedroom en-suite
2' 11'' x 8' 3'' (0.89m x 2.51m)
Ground floor rear bedroom
9' 7'' x 11' 1'' (2.92m x 3.38m)
Ground floor rear bedroom en-suite
2' 10'' x 7' 7'' (0.86m x 2.31m)
Utility room
9' 5'' x 4' 9'' (2.87m x 1.45m)
Kitchen
13' 8'' x 8' 10'' (4.16m x 2.69m)
First Floor front bedroom
10' 7'' x 15' 9'' (3.22m x 4.80m)
Accommodation
First Floor rear bedroom
10' 0'' x 11' 9'' (3.05m x 3.58m)
First Floor front bedroom en-suite
3' 0'' x 8' 6'' (0.91m x 2.59m)
First Floor rear bedroom en-suite
2' 11'' x 7' 11'' (0.89m x 2.41m)
Top Floor front bedroom
9' 11'' x 15' 10'' (3.02m x 4.82m)
Top Floor front bedroom en-suite
2' 10'' x 8' 7'' (0.86m x 2.61m)
Top Floor rear bedroom
9' 11'' x 11' 10'' (3.02m x 3.60m)
Top Floor rear bedroom en-suite
2' 11'' x 7' 11'' (0.89m x 2.41m)
Rental Income
All flats are let at £720 per calendar month. Per annum the property is generating £51,840.
Tenure
Freehold. Title number K829837.
Council Tax
Band D.
EPC
Available upon request (rating D).
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.