Apartment
A two-bedroom apartment situated within The Peninsula, a waterfront development on the River Medway, to the north of Chatham and Gilligham town centres. The auctioneers were unable to inspect the property, but we believe it comprises the following accommodation: Two bedrooms, bathroom/WC, shower room/WC, reception room and kitchen, balcony. Outside: Parking and communal gardens, residents lounge. Total accommodation (approx. 70m2 / 753 sq ft)The property also benefits from access to one parking spot within Zone D parking lot.
The property is well positioned, close to all necessary amenities and services including shopping facilities, transport links and a selection of popular cafes and restaurants. There are a number of sports & leisure facilities in the area, plenty of outdoor spaces and an array of recreational facilities within easy reach. Transport links include local bus services, train services operating from Gillingham Rail Station and there are convenient road links via the A289, A2 and M2.
The property is currently occupied, further details will be provided within the legal pack.
Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
These sales details are awaiting vendor approval.
Leasehold. Subject to tenancy.
£300
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of £1,500 inc. VAT
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
