- Please Quote Ref: JJ1194 +
- Investment Opportunity +
- Two Flats Available with Tenants in Situ +
- Combined Rental Income of £1550 PCM +
- Flat 1 - Two Bedroom Flat +
- Flat 2 - One Bedroom Flat +
- Communal Garden +
- Short Walk from Ramsgate Town Centre & Royal Harbour +
- Sold via Secure Sale +
Please Quote Ref: JJ1194
Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £175,000
Located in the popular and central location of Carlton Avenue, Ramsgate, this spacious lower ground floor flat is situated conveniently for Ramsgate town centre (0.3 miles), where you will find a wide variety of shops, bars, cafes and restaurants. Ramsgate Train Station (0.9 miles), is also with easy reach, as is the Seafront and Royal Harbour (0.4 miles), schools and amenities.
Flat 1: With its own private entrance, stairs lead down into a spacious sitting/dining room, open plan to the kitchen area, two bedrooms, the main bedroom being very well proportioned and a family bathroom.
Flat 2: The accommodation comprises an entrance hall, spacious open plan kitchen/living room, a double bedroom, bathroom, and a conservatory/utility room with access to a raised decked terrace.
Both flats have access to the use of a communal garden.
Please note we have been advised that there is approximately 58 years remaining on the leases, the service charge is £1,132 per annum and ground rent is £100 per annum per flat. (subject to confirmation from the vendor's solicitor). These properties are being sold with tenant in situ, with a combined rental income of £1550 PCM.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
A associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments.
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.