For Sale By Auction | 12:00, 13 April 2017 | Lot 110

Flat 4, 81 Northdown Road, Margate, Kent, CT9 2RJ

Sold £32,000

  • Flat
  • 1 Bedroom
  • Tenure: Leasehold. The property is held on a 99 year lease from 29 September 1987 (thus approximately 69 years unexpired).

Call the team on 020 7625 9007 for more information

Auction Date

Thu 13/04/2017

Auction Time

12:00

Auction Venue

London Marriott Hotel Regents Park, 128 King Henry’s Road, London, NW3 3ST

A Vacant First Floor One Bedroom Flat

The property comprises a first floor one bedroom flat situated within a mid terrace purpose built block arranged over ground and three upper floors.

Tenure

Leasehold. The property is held on a 99 year lease from 29 September 1987 (thus approximately 69 years unexpired).

Location

The property is situated in Margate amongst the local shops and amenities of Northdown Road and just a short walk from the coastline. The open spaces of Oval Gardens and Dane Park are within close proximity. Transport links are provided by Margate rail station.

Accommodation

First Floor Reception Room Bedroom Kitchen Bathroom with WC & wash basin

The LHA rates for a 1 bedroom property in this postcode is £80.73 per week. Thus potential income of £4,197.96 per annum (source: https://lha-direct.voa.gov.uk)

Lot Type

Residential

Viewing Details

For further information regarding the internal layout please contact Jordan Phillips - 020 7625 9007 - jordan@auctionhouselondon.co.uk

Legal Pack Received

False

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.