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A Basement Studio Flat
The property comprises a lower ground floor studio flat situated within a purpose built building arranged over lower ground and three upper floors. The property requires a program of refurbishment.
Tenure
Leasehold. The property is held on a 125 year lease from 28th July 2005 (thus approximately 113 years unexpired).
Location
The property is situated in the heart of Dover close to local shops and amenities. The open spaces of Pencester Gardens are within easy reach. Transport links are provided by Dover Priory rail station.
Accommodation
Lower Ground Floor Studio Room with Open Plan Kitchen Bathroom with WC & wash basin
The LHA rates for a 1 bedroom property in this postcode is £59.09 per week. Thus potential income of £3,072.68 per annum (source: https://lha-direct.voa.gov.uk)
Vendor Header
On the Instructions of
Sellers Solicitor Invoice Number
17655
Purchaser Fee Invoice Number
17656
Addendum
Please note that this property is subject to a Buyers Premium of £150 + 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.