1 bed flat for sale

Glencoe Road, Margate CT9

Project Property in need of modernisation with no onward chain

Key features:

• Ideal project property
• Strong lease
• Ideal first time buy or rental investment
• Spacious ground floor flat
• Chain free
• Located close to amenities and transport links

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

If you are looking for a project, then look no further. This one bedroom basement flat, is in need of a full refurbishment but does come with a strong lease and would make either an ideal first time buy, or as a rental investment.

Boasting a spacious lounge, kitchen, bathroom and bedroom internally, as well as access to a shared garden, with some love and work this could be a really great home.

The property is vacant and we hold a key so can be viewed whenever is convenient.

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