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No longer on the market

This property is no longer on the market

Sold
Bedroom
Kitchen
Lounge
Shower room
Shower room
Kitchen
Bedroom
Front
Kitchen
Front
Front
Lounge
Shower room
Lounge
Front
EE Rating

1 bedroom flat

Auction
Flat
1 bed
1 bath
355
EPC rating: D
Added > 14 days

Key information

TenureLeasehold | 108 yrs left
Ground rent£150 per annum | review period: unconfirmed
Service charge£1,200 per annum
Council taxBand A
BroadbandUltra-fast 9000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Sold via on line auction
  • 108 years remaining on Lease
  • Tenant in Situ
  • Town Centre Location
  • Ideal Investment
Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £85000

A large three storey house currently split into three flats;
Flat 3 is on the second floor

Flat 3 currently has tenants on an AST and the owner is receiving £400 pcm in rent current rent would be expected to be approximately £800 pcm (information correct on 22.08.2023)

Wellington Street is a bustling thoroughfare located in the heart of Gravesend, a historic town nestled on the south bank of the River Thames. The street stretches from its intersection with Wrotham Road in the west to its junction with Milton Road in the east, covering a distance of approximately 0.3 miles. The street's architecture is varied, with many buildings dating back to the Victorian era and earlier, giving it a distinctly historic feel. The street has good transport links, with Gravesend train station located just a short walk away, providing easy access to London and the high speed rail link. Drivers will find there is easy access to A2/M2 from here and Bluewater is just a short drive away.

Location: - Wellington Street is a bustling thoroughfare located in the heart of Gravesend, a historic town nestled on the south bank of the River Thames. The street stretches from its intersection with Wrotham Road in the west to its junction with Milton Road in the east, covering a distance of approximately 0.3 miles. The street's architecture is varied, with many buildings dating back to the Victorian era and earlier, giving it a distinctly historic feel. The street has good transport links, with Gravesend train station located just a short walk away, providing easy access to London and the high speed rail link. Drivers will find there is easy access to A2/M2 from here and Bluewater is just a short drive away.

Property Description: - Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £85,000
Top floor flat of a large converted house with long lease and ideal for investment. Being sold with a tenant in situ with a rent of £400pcm currently. (Achievable rent £800pcm currently – 22.08.2023)

Communal Entrance: - Entry phone system and stairs to flat

Hallway: - Entrance door, entry phone handset. Electrical consumer unit and carpet.

Lounge: - 3.81m x 2.97m (12'6 x 9'9) - Double glazed window to front, radiator and inset ceiling spot lights, chimney breast.

Bedroom: - 3.84m x 1.98m (12'7 x 6'6) - Double glazed window to front, radiator and carpet.

Kitchen: - 3.02m x 1.91m (9'11 x 6'3) - Double glazed window to rear, vinyl floor, localised splashbacks to walls, roll top work surfaces and a range of wall and floor beech effect units. Boiler and fitted gas hob, extractor and oven. Under counter space for washing machine. Stainless steel sink and drainer with window over. Inset ceiling spot lights.

Shower Room: - 2.11m x 1.50m (6'11 x 4'11) - Vinyl tiled floor, white suite consisting of pedestal basin, w.c. and glazed shower cubicle. Heated towel rail. Window.

Tenure: - 125 year lease started on 24.6.2006 - 108 years remaining
Ground Rent - £150 per annum
Service Charge - £1200 per annum
Council Tax: Gravesham Borough Council Band A - £1392.76 2023/2024

Local Authority: - Gravesham Borough Council Band A
£1392.76 2023/2024

Services: - Mains gas, electricity and water.

Auction Notes: - 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 Legal Pack 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. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
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.

Property information from this agent

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Area statistics

Crime score
High crime
10/10
Home prices (average)
1 bedroom flats
£114,400

About this agent

Sealeys Walker Jarvis - Kent
Sealeys Walker Jarvis - Kent
184 Parrock Street Gravesend, Kent DA12 1EN
01474 527893
Full profileProperty listings
Established since 1851 we are an independent, multi-awarding wining estate agent located in North West Kent.  We cover residential sales, residential lettings and management, commercial sales and commercial lettings and management in Kent and South London. We are a friendly, NAEA qualified, hard-working team with a wealth of local and up to date market knowledge and we endeavour to provide our clients with a highly professional service.  Our transparent service includes No Sale/No Let = No Fee, 100% accompanied viewings, dedicated sales progressor, dedicated lettings property manager and daily rent payments to Landlords. Michael Alan Sears MNAEA MARLA MNAEA (Comm) MNAVA HIDip NDea, Managing Director, says: 'We pride ourselves in being 100% professional in all that we do and I define professionalism as putting our clients' interests before our own'. SEALEYS WALKER JARVIS - PROFESSIONALISM COMES AS STANDARD!
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