Lot 7 - Flat 17 Spembly Works, 13 New Road Avenue, Chatham, Kent, ME4 6AZ

  • Unconditional Online Auction Sale
  • Guide Price* : £10,000 plus

Two bedroom second floor flat.

Description

The property is understood to comprise a two bedroom second floor flat (no access). The property is situated in a block that subject to a prohibition order and Section 20 notices have been served. Please refer to the further information paragraph below and the Legal Pack.

Location

Walking distance, less than 0.25 mile from the town centre and it's amenities. Chatham lies approximately 50 miles south east from the centre of London and lies adjacent to the River Medway. South Eastern and Thamselink trains service provide access to London in approximately 1 hour.

Tenure

Leasehold for a term of 125 years from 1/6/2003 at an initial Ground Rent of £75 per annum (subject to review).

Accommodation

Not Inspected, but understood to comprise a two bedroom flat.

EPC

Energy Asset Rating is C.

Buyers Administration Fee

There will be a Buyer's Administration Fee of £1000 plus VAT payable upon exchange of contracts.

Additional Information

1. Completion will take place 14 days from the date of exchange.

2. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions, references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact

Any dimensions stated may have come from a third party source (e.g. the seller, valuation reports or historic sales particulars) so whilst provided in good faith, they should not be relied on and interested parties should rely on their own enquiries.

3. Please ensure you have read and understood the Legal Pack. The property is subject to a
Prohibition Order, as amended by the FTT. Attention is drawn to emails dated 4/7/2019 &
17/7/2019 from KDL Law regarding the prohibition works and Section 20 notices. Specific attention is drawn to the outstanding charges of £51,982.43 being the responsibility of the Purchaser to pay to KDL Law on completion and any additional legal costs incurred by KDL Law.

4. No internal viewings.

* Generally speaking Guide Prices 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. Virtually every 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.

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