Northumberland Avenue, Margate, Kent, CT9 3BS

£60,000 Guide Price

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For Sale at our upcoming auction

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Property Details

Full description
Tenure: Leasehold
£60,000 - £65,000 * Plus 2% Buyers Premium plus VAT

For sale by public auction (unless sold prior) on 15/08/2019.
Auction venue: Holiday Inn Gatwick, Povey Cross Road Surrey, Gatwick RH6 0BA.

Registration starts 12:00. The legal pack can be downloaded from our website, www.townandcountrypropertyauctions.co.uk.

Description:
Exclusive Apartment Building. Ideal for owner occupier or as investment.Currently Rented on AST £4,500 Per Year 7.5% Yield. Notice can be given for vacant possession.

Accommodation:
Open plan studio room, with separate bathroom.

Location:
Seafront, Palm Bay Area of Margate


UNCONDITIONAL LOT
Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a deposit of 5% and buyer's premium of £5,000 + VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).