Ground floor flat
A superb garden apartment located in a seafront position within Cliftonville.
The property offers modernised and well presented accommodation over two floors and comes with its own private garden to the rear. Benefitting from double glazing and electric heating along with modern, refitted kitchen and bathroom.
Situated in a lovely period conversion, standing on the cliff tops.
Well placed for local amenities and transport links and giving easy access to Margate town centre.
The property is leasehold and benefits from an extended lease of 125 years from 2015. The flat also comes with a share of the Freehold. Future lease extension income will be divided and paid to the Freeholders.
As superb property in enviable location which is sold with vacant possession.
We are informed by the seller that maintenance and refurbishment works have been carried out within the last couple of years.
Hallway, Bedroom One, Bedroom Two, Shower Room.
Landing, Lounge, Kitchen.
Garden to Rear.
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.
Term, 125 years from 24 June 2015. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Leasehold. Vacant possession upon completion.
115
£884
- Heating Supply: Double Glazing, Electric
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
On Street
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.
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 1.2% of the purchase price (subject to a minimum 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.
