Tenanted Two-Bedroom Residential Investment Opportunity Generating £7,500 Per Annum
A tenanted two-bedroom first-floor apartment arranged within a purpose built development with 1x allocated car parking space, generating £7,500 per annum / £625 pcm.
The accommodation comprises entrance hallway, open plan lounge / dining area / kitchen with floor to ceiling windows, 2x bedrooms and bathroom with w.c.
Externally the premises benefit from 1x allocated car parking space.
We have taken the Net Internal Area from the Energy Performance Certificate (EPC) as follows:
Total Floor Area: 64 sq m (688 sq ft)
The property is situated in a mainly residential area close to local amenities including doctor’s surgeries, supermarkets and schools. Gillingham town centre is located approximately 0.7 miles from the property, with Gillingham (Dorset) Railway Station only 0.2 miles away.
We are informed that the property is Let on a 6-month AST from June 2021 at a rent of £625 pcm / £7,500 per annum.
Leasehold – please refer to legal pack for further details
Service Charge - £650 per annum
Ground Rent - £200 per annum
Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.
Buyer's Premium: 3.3% inc VAT subject to a minimum of £2,500.00 inc VAT
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion
1.5% inc VAT subject to a minimum of £3,500.00 inc VAT
This auction is now closed.
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