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Withdrawn | Lot 11

12 Walmer House, Cypress Court, Rochester, Kent, ME2 4PZ

Withdrawn

  • Flat
  • 1 Bedroom
  • Tenure: Leasehold. 99 years from 9th February 1965 thus 42 years remaining

Call the team on 01702 33 33 99 for more information

Auction Date

Wed 27/10/2021

Auction Time

14:00

Auction Venue

LIVE STREAM www.AuctionHouse.Online,

A ONE BEDROOM APARTMENT CURRENTLY TENANTED AND PRODUCING A RENTAL INCOME OF£6,900 P.A. THUS GENERATING A YIELD OF 8.1% IF PURCHASED AT GUIDE

A first floor one bedroom apartment, currently tenanted with good size rooms and natural light, could benefit with redecoration throughout

Tenure

Leasehold. 99 years from 9th February 1965 thus 42 years remaining

ACCOMMODATION

ENTRANCE HALL LOUNGE 14'1 x 10' (4.3m x 3.1m) KITCHEN 7'8 x 7'5 (2.4m x 2.3m) BEDROOM 9' x 7'5(3.0m x 2.3m) BATHROOM 7'2 x 5'5 ( 2.2m x 1.7m)

EXTERIOR

The property is located in a purpose built block of apartments dating back to 1960s, there is residential parking areas and well maintained grounds surrounding the building and surrounding residential buildings in the development.

LOCATION

The property is located in Wainscott which is a highly sought after area with the local primary schools and easy access to the Medway tunnel and A2. Strood trainstation is 0.6 miles away and Rochester trainstation is 1.1 miles away.

NOTES

At this point no member of the Auction House team has inspected the property internally

VIEWINGS

Strictly by appointment with the auctioneer Tel: 01622 589623

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Medway Council

Additional Fees

Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1800 inc VAT, payable on exchange of contracts.

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