Auction House London

Lot 110

Flat - Flats / Apartments 

Flat 4, 81 Northdown Road

Margate, Kent, CT9 2RJ

Sold for £32,000

A Vacant First Floor One Bedroom Flat

Description

The property comprises a first floor one bedroom flat situated within a mid terrace purpose built block arranged over ground and three upper floors.

Tenure

Leasehold. The property is held on a 99 year lease from 29 September 1987 (thus approximately 69 years unexpired).

Location

The property is situated in Margate amongst the local shops and amenities of Northdown Road and just a short walk from the coastline. The open spaces of Oval Gardens and Dane Park are within close proximity. Transport links are provided by Margate rail station.

Accommodation (2nd Column)

First Floor
Reception Room
Bedroom
Kitchen
Bathroom with WC & wash basin

Note (2nd Column)

The LHA rates for a 1 bedroom property in this postcode is £80.73 per week. Thus potential income of £4,197.96 per annum (source: https://lha-direct.voa.gov.uk)

Viewing Details

For further information regarding the internal layout please contact Jordan Phillips - 020 7625 9007 - jordan@auctionhouselondon.co.uk

Additional Fees and Disclaimer

Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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Enquire about Flat 4, 81 Northdown Road, Margate, Kent, CT9 2RJ

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