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Lot 7 Sold: £160,000

98 Princes Avenue, Chatham, Kent ME5 8AH

  • Photo1

Lot 7

Freehold Detached Bungalow let on a Regulated Tenancy
4 week completion

Situation

Located close to the junction with Kenwood Road in this densely populated residential area. Princes Avenue Open Spaces as well as local amenities and shops are located a short distance from the property.
Chatham is a Medway Town famous for its Naval history, situated between Rochester and Strood, approximately 7 miles north of Maidstone and 7½ miles south-east of Gravesend, enjoying excellent road access to the M2 (Junctions 1 & 2) via the A2.

Property

The property comprises a Detached Bungalow with a front and rear garden on a Site Area of Approx. 0.36 acres.

ACCOMMODATION¹

Detached Bungalow
4 Rooms
Kitchen
Bathroom/WC

¹Not inspected by Barnett Ross

VAT is NOT applicable to this Lot

FREEHOLD


Tenancy

The entire property is let on a Regulated Tenancy to an Individual at a current rent of £8,424 per annum exclusive (rent registered on 10th January 2023).

Note 1: There will be no internal viewings available for the property.

Note 2: There is an Asbestos Report from 2007 which is included in the Legal Pack.

Enquire about this lot:

Photo of John Barnett

John Barnett
020 8492 9449
jbarnett@barnettross.co.uk

Photo of Nathan Schindler

Nathan Schindler
020 8492 9449
nschindler@barnettross.co.uk

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

  • a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
  • b. A single price figure where the 'Reserve' is not to exceed it.
  • c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
  • d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.