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61 Windsor Road, Gillingham, Kent ME7 4QL

Sold

Lot 16

Auction Date:

20th July 2022
at 12:00 pm
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EPC Rating: C

Tenure: Freehold

Viewing Dates

Tue 5th July 2022 15:00 - 15:30
Wed 13th July 2022 14:00 - 14:30

    INVESTMENT OPPORTUNITY COMPRISING A FREEHOLD TERRACE HOUSE ARRANGED AS TWO FLATS PRODUCING A COMBINED INCOME OF £1,200 pcm THUS PRODUCING £14,400 PER ANNUM WHICH WOULD DELIVER A YIELD OF 8.2% IF PURCHASED AT GUIDE.

    A freehold terrace house arranged as two one bedroom flats both tenanted and producing a combined rental income of £1200 per calendar month.

    ACCOMMODATION

    GROUND FLOOR
    Bedroom: 13’1″ x 10’1″ (4.0m x 3.1m)
    Lounge: 12’1″ x 10’1″ (3.7m x 3.1m)
    Kitchen: 9’8″ x 7’2″ (3.0m x 2.2m)
    Bathroom: 7’2″ x 5’2″ (2.2m x 1.6m)

    FIRST FLOOR
    Bedroom/Lounge: 13’1″ x 11’1″ (4.0m x 3.4m)
    Study: 8’2″ x 8’2″ (2.5m x 2.5m)
    Kitchen: 9’1″ x 7’5″ (2.8m x 2.3m)
    Shower Room: 8’2″ x 3’6″ (2.5m x 1.1m)

    EXTERIOR

    The property benefits from a small front garden that is primarily concrete based. There is a good sized rear garden and the property benefits from double glazed windows throughout.

    LOCATION

    The historic town of Gillingham benefits from national railway links to London Bridge, Victoria, Waterloo and high-speed to St. Pancras International train station which is under 1 hour commute. You can also catch a train to many Kent coastal towns such as Margate in under 1 hour. The high street has a selection of convenience stores, restaurants as well as a Costa Coffee. Gillingham has its very own football club and also benefits from the Great Lines Heritage Park, University of Kent Campus, Medway Park Sports Centre and Grammar schools.

    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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    61 Windsor Road, Gillingham

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