1 bedroom flat for sale

PRICE GUIDE £85,000
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.'

Located in a desirable area just off Sea Street, Herne Bay, this spacious one-bedroom flat is an ideal investment opportunity or home for a single occupant or couple. Set on the first floor at the rear of the building, the property offers a sense of privacy and quiet while still providing easy access to local amenities and the seaside charm of Herne Bay.

Tenure Leaseold - Date From : 30 August 1989
Term : 99 years from 25 March 1989
65 Remaining

Ground Rent - £75.00 per annum , the seller was last invoiced in 2015 which was duly paid and no further request for payment has been received since then.

Epc Rating E -

Council Tax Band A -

Service Charge - Under the terms of the lease you are obliged to pay a 25% contribution towards the total premium of the buildings insurance. The seller was last invoiced in 2015 which was duly paid but no further invoices have been received.

Auctioneer Comments - 'Auctioneers Comments:

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.'