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34 Cherry Tree Avenue, Dover, Kent CT16 2NL

Sold After

Lot 4

Auction Date:

5th April 2023
at 12:00 pm
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EPC Rating: C, D, D

Council Tax Band: A

Tenure: Freehold

Viewing Dates

Fri 17th March 2023 10:30 - 11:00
Tue 21st March 2023 12:00 - 12:30
Sat 1st April 2023 10:30 - 11:00

    A FREEHOLD PROPERTY COMPRISING OF THREE FLATS PRODUCING A COMBINED RENTAL INCOME OF £16,500 PER ANNUM EQUATING TO A YIELD OF 8.2% IF PURCHASED AT GUIDE

    A freehold property arranged over three floors, comprising of a one bedroom ground floor flat. A first floor one bedroom flat and a second floor studio flat. The property is fully tenanted and produces £16,500 per annum.

    ACCOMMODATION

    GROUND FLOOR FLAT Lounge: 12’8″ x 12’6″ (3.9m x 3.8m) Bedroom: 11’3″ x 10’2″ (3.4m x 3.1m) Kitchen: 17’4″ x 8’4″ (5.3m x 2.5m) Bathroom: FIRST FLOOR FLAT Lounge: 15′ x 8’11” (4.5m x 2.4m) Bedroom: 15’10” x 15’4″ (4.6m x 4.6m) Kitchen: 10’5″ x 6’2″ (3.2m x 1.8m) Shower Room: SECOND FLOOR STUDIO Bedroom/Lounge: 15’11” x 12’2″ (4.6m x 3.7m) Kitchen: 10’8″ x 6’1″ (3.2m x 1.8m) Bathroom:

    EXTERIOR

    The property is a mid terrace three storey building benefiting from off road parking for one vehicle and a low maintenance rear garden.

    LOCATION

    The property is located in the Historic town of Dover and is situated close to the town centre with all necessary amenities in walking distance. There are good transport links and easy access to the A2 and M20 Motorway.

    VIEWING

    Strictly by appointment with the auctioneer Tel: 01622 589 623

    Additional Fees

    Administration Fee
    0.6% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.
    Buyer's Premium
    1.2% inc VAT of the purchase price, subject to a minimum of £1800 inc VAT, payable on exchange of contracts.
    Disbursements
    Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

    13/15 Ripple Road, Barking, East London. IG11 7NN

    0203 174 0330

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    34 Cherry Tree Avenue, Dover

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