Block of flats for sale in Flats 1-7, 12 Ordnance Terrace, Chatham, Kent ME4

Guide price £600,000
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Block of flats for sale - 7 bedrooms

7

Tenure:
Freehold
Council tax band:
Not available

Property features

  • For Sale by Online Auction
  • Auction Date : 01 may 2024
  • Lot Number : 117
  • Freehold Block Of Seven Flats Close To Railway Station
  • Residential Investment
  • Freehold
  • Current Rental : £46,680 Per Annum
  • *Guide Price : £600,000 Plus + Fees

Property description

A freehold part original/extended block of seven flats located on a corner position opposite Chatham’s mainline railway station. This historic building underwent a full refurbishment and modernisation in the 1990s to create seven self-contained dwellings and is found in fair order with all flats having their own separate meters.

All the flats are tenanted and it is understood there may be potential to increase the rental income. The building is located at the end of an attractive terrace with Chatham’s mainline railway station providing direct links to London and close by is Chatham’s town centre providing local amenities.

Lower Ground Floor
Flat 1
Private entrance to front, entrance hall, living room, kitchen, bedroom and bathroom with W.C.
Outside
Small yard to front.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £500 per calendar month.

Ground Floor
Flat 2
Private entrance, entrance hall, living room, kitchen, bedroom and bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £575 per calendar month.

Flat 3
Private entrance to rear, entrance hall, living room, kitchen, bedroom and bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £570 per calendar month.

Ground Floor
Side Entrance to flats 4,5,6 and 7.
First Floor
Flat 4
Entrance hall, living room, kitchen, bedroom and bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £575 per calendar month.

Flat 5
Entrance hall, living room, kitchen, bedroom and bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £550 per calendar month.

Second Floor
Flat 6
Entrance hall, living room, kitchen, bedroom and bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £595 per calendar month.

Flat 7
Entrance hall, living room, kitchen, bedroom and bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £525 per calendar month.

Each Flat Council Tax Band A

Outside
Communal carpark to rear.

Residential EPC: E


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.


Please note, following the Governments advice, lots are now being offered via our online platform. To register for our online auction please go to our online auction page . For further information please go to or call us on .

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 , or contact us on , 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

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Clive Emson Auctioneers, ME16 on +44 1622 829820 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Clive Emson Auctioneers, and do not constitute property particulars. Please contact Clive Emson Auctioneers for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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