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Property Listing Details

Property for sale

Ground Rents, 12 York Road, Tunbridge Wells, Kent TN1

Guide price

£15,000

Features

  • For Sale by Public Auction at The Clive Emson Conference Centre
  • Auction Date : 24 July 2018
  • Lot Number : 29
  • Freehold Ground Rents
  • Ground Rents
  • Freehold
  • Current Rental : £500 Per Annum
  • *Guide Price : £15,000 - £18,000 + Fees

Description

An attractive property comprising four self-contained flats each sold on a Ground Lease.

Flat 1 has been sold on a 99 year lease, from 4th April 2016, at a ground rental of £250 per annum, doubling every 25 years. Flat 2 has been sold on a 99 year lease, from 25th December 1982, at a ground rental of £50 per annum. Flat 3 has been sold on a 168 year lease, from 23rd July 2012, at a ground rental of £150 per annum for 56 years, increasing to £300 per annum for 56 years and then £600 for the remainder of the term and Flat 4 has been sold on a 99 year lease, from 25th December 1982, at a ground rental of £50 per annum.

Auctioneer's Note
Section 5(b) Notices under the Landlord & Tenant Act 1987 (as amended) have been served and the leaseholders have not reserved their rights under the legislation.
Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.


Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at , or contact us on , in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to

Floorplan

No floorplan available

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Map

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • The Wells Free School 0.2 miles
  • St James' Church of England Junior School 0.5 miles
  • Tunbridge Wells 0.2 miles
  • High Brooms 1.3 miles

Price history

Sold prices provided by Land Registry
29th Jun 2018 £15,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Clive Emson Auctioneers. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Clive Emson Auctioneers for full details and further information.