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  • For Sale By Conditional Online Auction
  • Guide Price* : £110,000
  • Auction Ended 11/03/2021

27 Clyde Street, Sheerness, Kent, ME12 2QF

*** TO BE SOLD BY ONLINE AUCTION ***
TO BE OFFERED ON THURSDAY 11TH OF MARCH

PLEASE CALL THE AUCTIONEER FOR BIDDER REGISTRATION


Description

*** TO BE SOLD BY ONLINE AUCTION ***
TO BE OFFERED ON THURSDAY 11TH OF MARCH

PLEASE CALL THE AUCTIONEER FOR BIDDER REGISTRATION

INVESTMENT 2 BEDROOM TERRACE HOUSE PRODUCING RENTAL INCOME OF £7,200 p.a

This two bedroom terrace house is situated in a popular residential area close to the seafront, with a good size rear garden. The property is offered with a tenant holding over on a 12 month AST commencing September 2012 with a rent payable of £7200 p.a. thus delivering a yield of 6.5% if purchased at Guide Price


ACCOMMODATION

Ground Floor
Lounge: 14 x11'3" (4.5m x 3.4m)
Dining Room: 9'5" x 6'5" (2.9m x2.0m)
Kitchen: 13'4" x 10'4" ;(4.1m x 3.2m)
Bathroom: 8'2" x 5'5" (2.5m x 1.7m)

First Floor
Bedroom 1: 11'8" x 11'4" (3.6m x 3.5m)
Bedroom 2: 11'4" x 9'2"(3.5m x 2.9m)


EXTERIOR

There is residential parking on the road to the front and a good size rear garden approx. 25ft maintained by the current tenant.


LOCATION

Located on the North West corner of the Isle of Sheppey Sheerness is the largest town on the Island and was originally a fort built in the 16th century to protect the river Medway. The property is a stones throw from the Seafront and Sheerness Town Centre with its shops, pubs, bars and restaurants and the Mainline Railway Station with its fast services into London

Additional Fees
Buyer's Premium: £1,800.00
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion

Administration Charge

Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.

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* Guide | £110,000
  • 2 Bedrooms
  • Conditional (Flexible Exchange)

Call the team on 01702 33 33 99 for more information

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Price Information

*Guides are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. 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. This 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.

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