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29 Cromwell Terrace, Chatham ME4 5PQ

Lot no: 87 Withdrawn
 

Guide Price £130,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Wednesday 31st January 2024

10.00am
Key Features
  • A two bedroom semi-detached property
  • Investment opportunity
  • Prime location
  • EPC Rating: D
  • Council Tax Band: B
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Semi-detached house

Property Description:

A two bedroom semi-detached property extending 61 sq. m. and currently rented at £350 pcm.

The property is situated on Cromwell Terrace between its junctions with Hartington Street and Otway Street. Public transport links include Chatham mainline rail station together a network of local bus services serving the surrounding vicinity. Road links include the M2, A229 and M20. Shopping amenities can be found locally within Chatham with a further range of shops, bars and restaurants being found in Rochester and Maidstone. Recreational pursuits can be found locally at the open spaces of Maidstone Road Sports Ground, Jackson’s Field and along the River Meadway.

Ground Floor:

Reception room, kitchen, bathroom/WC.

First Floor:

Two bedrooms.

Outside:

Rear garden.

Note

Please be advised that the auctioneers have not personally inspected the property and there is no access available. Prospective buyers, particularly those relying on financing options who may require a survey, are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Tenure:

Freehold. Subject to tenancy.




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.