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Flat 1, Prospect House, The Parade, Broadstairs, Kent CT10 1NB

Lot no: 97 Postponed
 

Guide Price £275,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 27th June 2024

9.00am
Key Features
  • One bedroom apartment
  • Potential ideal investment opportunity
  • Coastal location
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Postponed

Ground floor flat

Property Description:

A one bedroom apartment located on the sea front with wonderful coastal views.

Over looking Broadstairs Viking Bay, with a bright refreshing feel to it the flat enjoys stunning first hand sea views and is only a stones throw away from the local shops, bars and restaurants.

This great location means you are minutes away from the mainline train station.

The property has recently been let as a Air BnB premises and can command high nightly tariffs. The flat benefits from its own private entrance along with one off the communal hallway.

Alternatively, the property would make a great home or a super buy to let investment with estimated rental value of £1,000 per calendar month. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

A rare opportunity to purchase a centrally located apartment with stunning sea views.

Communal Hallway -

Private entrance door from Dickens Walk.

Lounge - 4.36 x 4.29 (14ft3 x 14ft0)

Two vertical sash windows to front with the stunning sea views, vertical sash window to side, new wooden flooring, three traditional style radiators, intercom facility.

Kitchen - 4.65 x 3.62 (15ft3 x 11ft10)

Vertical sash window to side, modern base units with solid beech work surface over, integrated dishwasher, boiler in cupboard, radiator and walk in pantry store.

Cloakroom/WC -

Low level flush WC, wash hand basin, space and plumbing for washing machine.

Rear Hallway

With door to side and further door to bedroom.

Bedroom - 3.85 x 3.78 (12ft7 x 12ft4)

Vertical sash window to side, radiator, door to en-suite.

Shower Room - 3.04m x 2.9m (9ft11 x 9ft6)

Maximum overall room measurements, walk on shower cubicle, low level flush WC, wash hand basin, tiled walls and floor, towel type radiator.

Construction Material:

Standard brick

Heating Supply:

Gas central heating

Electricity Supply:

Mains

Water Supply:

Mains

Sewerage Arrangements:

Mains

Broadband:

Standard - 15 Mbps, Superfast - 80 Mbps, Ultrafast - 1000 Mbps available.

Mobile Phone Coverage:

O2, EE, Three available.

Note

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.

Tenure:

Leasehold. Vacant possession upon completion.

Ground Rent

£10

Unexpired Years

123



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 Variable Fee (England and Wales).

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 fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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.