1 bed flat for sale

Westbourne Gardens, Folkestone CT20

Summary

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bids of 145,000.00

Springer Homes are delighted to offer this detached 1 bedroom basement flat on Westbourne Gardens, Folkestone, this property sure does have a nice investment feel and with potential. Here are the key features and details about the property:

Key Features:

Currently tenanted Earning 9,000 Pa, 1 Bedroom Property, Could convert into a 2 Bedroom
Own Entrance
102 Years Remaining on the Lease
Great location

Location Highlights:

Folkestone is a coastal town in south-east England, situated on the English Channel in the county of Kent. It serves as the UK terminal for the Channel Tunnel, providing direct rail access to France via the Euro tunnel. The town borders the Kent Downs, an Area of Outstanding Natural Beauty known for its scenic chalk hills. Folkestone is near the iconic White Cliffs of Dover and has its own dramatic cliffs along the coastline. Sunny Sands Beach offers one of the few sandy beaches in the area and is located close to the town centre. The historic Folkestone Harbour Arm has been redeveloped into a vibrant cultural and food destination. Folkestone is connected to London in under an hour via High-Speed 1 rail services from its two main stations. Historically, Folkestone was part of the Cinque Ports, providing naval support to the Crown in mediaeval times.

This property consists of:

Hallway, Large Lounge

Large Master Bedroom

Kitchen

Shower Room.

Storage

We are expecting a lot of interest with this property so booking in a viewing early will avoid disappointment.

Council Tax Band: F
Tenure: Leasehold
Length Of Lease: 103
Annual Ground Rent Amount: 250.00
Annual Service Charge Amount: 1,360.00

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 7.2% inc VAT (Subject to a minimum fee which could be up to 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.