For Sale By Auction | 9:30, 21 May 2024 | Lot 55

118 Richmond Road, Gillingham, Kent, ME7 1LR

Sold £220,000

  • Terraced House
  • 4 Bedrooms
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Tue 21/05/2024

Auction Time

9:30

Auction Venue

Live Stream

Viewing Times:

Sat 11 May

11:00-11:30

Wed 15 May

11:00-11:30

Sat 18 May

11:00-11:30

A Four Bedroom Mid Terrace House Let on Four Separate Tenancies Producing a Combined Rent of £26,400 Per Annum. Offered with Planning Permission for a Side and Rear Extension and to Convert the Property into a Six Bedroom HMO.

The property comprises a four bedroom mid terrace house arranged over lower ground, ground and first floors.

Tenure

Freehold

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Lower Lines Park are within easy reach. Transport links are provided by Gillingham rail station.

Accommodation

Lower Ground Floor Kitchen Reception Room Shower Room Ground Floor Two Bedrooms First Floor Two bedrooms (Both En-Suite)

Exterior

The property benefits from a rear garden.

Planning

Planning Application Ref: MC/23/2703 - Side Infill Extension MC/23/1700 - Rear Extension MC/23/1699 - Conversion to Six Person HMO

Tenancy

The property is subject to four individual tenancies at a combined rent of £2,200 per calendar month.

Energy Efficiency Rating (EPC)

Current Rating C

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.