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Investment for sale in Herne Bay

38 Victoria Park, Herne Bay, Kent
For sale
£400,000
AUCTION PROPERTY
clive-emson-auctioneers
This property is marketed by:
Clive Emson Auctioneers
An attractive detached property situated on the corner of Victoria Park and Bank Street in Herne Bays town centre close to local amenities and the seafront. The building, which is in need of improvement, is currently arranged as two one-bedroom flats and a three-bedroom maisonette. However, there may be potential to sub-divide the accommodation further to provide four flats, subject to all necessary consents being obtainable.

Ground Floor
Communal entrance.


Flat 1
Living room/kitchen with bay window, bedroom and shower room with W.C.

Tenancy
Currently vacant.

EPC Rating G

Council Tax Band A

Flat 2
Entrance hall, living room, kitchen, bedroom with bay window and shower room with W.C.

Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of 450 per calendar month.

EPC Rating G

Council Tax Band A

First Floor
Flat 3
Landing, kitchen, living room/dining room, bedroom, bathroom and separate W.C.

Second Floor
Two bedrooms.

Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of 850 per calendar month.

EPC Rating E

Council Tax Band B

Local Planning Authority
Canterbury City Council. Tel: 01227 862178. Website: canterbury.gov.uk.

Freehold with Part Vacant Possession

Residential EPC: G


Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.


Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to www.cliveemson.co.uk/buyers-fees/

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