1 bedroom ground floor flat

This property is for sale by Modern Method of Auction; Starting Bid Price £60,000 plus Reservation Fee

TENANT IN SITU INVESTMENT OPPORTUNITY | CURRENTLY ACHIEVING £440 pcm | 5.3 % GROSS YIELD (approx.)A one bedroom, ground floor maisonette with front garden and rear courtyard. Accommodation consists of living room, bedroom, separate kitchen and WC. Sold with tenant in situ this property could make an ideal investment as conveniently located nearby to Buckland Hospital and just 2.5miles from Dover Priory Train Station and the Port of Dover. The property is currently achieving £440pcm from a long term tenant giving a gross yield of approximately 5.3%. Please call Miles & Barr to arrange your accompanied viewing.

Auctioneer Comments:

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The buyer will pay £300 inc VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.2% of the purchase price inc VAT, subject to a minimum of £6,000 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.

Lounge (4.29m x 3.35m)

Kitchen (3.33m x 2.13m)

Bedroom One (2.54m x 3.33m)

Shower Room (1.47m x 1.78m)

Front Garden

Large fenced area for private use

Rear Garden

Rear courtyard area.