Guide price
£135,000
2 bed maisonette for saleMedway Road, Sheerness ME12
2 beds
1 bath
1 reception
EPC Rating: C
- Chain free
- Auction
- Leasehold
Connells - Sittingbourne
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About this property
Sale by Modern Auction (T&Cs apply)
Subject to an undisclosed Reserve Price
Buyers fees apply
*no onward chain*
Up to 10% rental yield
2 double bedrooms
Private rear garden
Perfect first time buy
Summary
Spacious 2-bedroom, 1 reception room, 1st floor maisonette situated within walking distance of Sheerness town centre, on the Isle of Sheppey. Ideal for first time buyers, offering modest ground rent and service charge, as well as being ready to rent for around £1,100pcm. Enquire today to view!
Description
Connells are delighted to bring to market this spacious 2-bedroom, 1 reception room, 1st floor maisonette. Situated on Medway Road at the edge of the town of Sheerness, on the Isle of Sheppey.
The property is offered with no onward chain, being ready to move into for the astute first-time buyer. Alternatively, ready to let for a respectable £1,000 - £1,200pcm and promising a monthly rental yield of up to 10%. The property also benefits from a modest ground rent and service charge of less than £60pcm combined.
The location on the Isle of Sheppey is highly convenient, with easy travel links either by car or bus as well as the connecting train station being around 5 minutes' walk away. There are many shops and parks nearby, and the island's hospital and both bridges linking to Sittingbourne are within 10 minutes' drive.
The maisonette is set back from the main road, offering on-street parking. The rear garden area lawned and private, belonging exclusively to the maisonette.
Entry at the side via private access leads up to an entrance hallway, opening through to the lounge-diner, and then through to the kitchen space with modern fitted units. There is also 2 double bedrooms and a large bathroom, as well as access up to the loft space. Early viewing advised.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Entrance Hallway
Kitchen 9' x 8' ( 2.74m x 2.44m )
Lounge 14' x 11' ( 4.27m x 3.35m )
Bedroom 1 11' 1" x 8' ( 3.38m x 2.44m )
Bedroom 2 9' x 8' ( 2.74m x 2.44m )
Bathroom 9' x 8' ( 2.74m x 2.44m )
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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More information
Tenure
Leasehold (83 years)
Service charge
£642 per year
Council tax band
A
Ground rent
£50
Ground rent date of next review