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For Sale By Auction | 11:30, 22 February 2017 | Lot 68

62 Southwood Road, Ramsgate, Kent, CT11 0AJ

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Sold £150,000

  • Terraced House
  • 2 Bedrooms
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

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Auction Date

Wed 22/02/2017

Auction Time

11:30

Auction Venue

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

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A Mid Terrace House Currently Arranged as Two Self-Contained One Bedroom Flats Both Let on Periodic Tenancies Producing £9,282 per annum.

Tenure

Freehold

Location

The property is situated on a residential road in Ramsgate close to local shops and amenities. The open spaces of Government Acre are within easy reach. Transport links are provided by Ramsgate rail station.

Exterior

The ground floor flat benefits from a rear garden.

Lot Type

Residential Investments

Viewing Details

Tuesday 7th February 11:00 - 11:30 Tuesday 14th February 11:00 - 11:30 Tuesday 21st February 11:00 - 11:30

Legal Pack Received

False

Addendum

Both flats are let on periodic tenancies producing £9,282 per annum and not vacant as originally described in the catalogue. Please note that this property is subject to a Buyers Premium of £750 + VAT. This is in addition to the buyer's admin fee of £650 + VAT charged by the auctioneers.

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.

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information

Please be aware there may be additional fees payable on top of the final sale price. These include and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.