2 bed flat for sale

Shorts Way, Borstal, Rochester ME1

Summary

A convenient location with easy access to town amenities and the mainline station, this two bedroom purpose built flat offers potential investment opportunity.

In need of a complete refurbishment, the property presents a blank canvas awaiting a keen investor looking for a project., property requires a replacement kitchen, bathroom and heating system as essentials.

Offered for sale with no onward chain, the potential to transform this property into a stylish and modern living space is limitless. Ideal for those who appreciate a diy challenge or seeking a buy-to-let opportunity, this property also boasts easy access to local motorways, making it a desirable option for those on the go.

Off road communal parking close by offers convenience for residents and visitors alike, available on a first-come, first-served basis.

Important Information

EPC rating band C valid until 26/10/2034

Current Lease Expires 2112

statement dated 2024 service charge for this property was 1,343.53 2024 ( this will change from year to year) service charge is paid into a sinking fund for the block and property, repairs and and upkeep of the block and common parts are taken from the sinking fund. The service charge will vary from year to year depending on previous years expenditure 2024 ( 1,343.53 ) incurred higher than predicted costs, please verify with your legal representative the predicted expenditure for 2025

Ground Rent we are awaiting verification from the freeholder and will publish as soon as received

EPC Rating: C
Communal Garden

Communal garden drying area

Council Tax Band: B
Tenure: Leasehold
Annual Ground Rent Amount: 10.00
Annual Service Charge Amount: 1,343.00

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.