1 Bedrooms Block of flats for sale in 4 & 6 Union Street, Rochester, Kent ME1 | £ 700,000

Overview

Price: £ 700,000
Contract type: For Sale
Type: Block of flats
County: Kent
Town: Rochester
Postcode: ME1
Address: 4 & 6 Union Street, Rochester, Kent ME1
Bathrooms: 0
Bedrooms: 1

Property Description

A pair of substantial and attractive period properties arranged in total to provide eight residential units. Situated close to the centre of the historic town of Rochester and the mainline commuter railway station.

The property has been in the same ownership and management for many years. It is considered there may be opportunities to improve the existing rents being received.

4 Union Street
Flat 2
Ground Floor
Entrance hall, living room, kitchen bedroom with en-suite shower room and separate W.C.

Outside
Enclosed yard at rear.

Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £700 per calendar month.

Flat 3
First Floor
Inner hallway, kitchen, living room and bedroom with en-suite shower room and separate W.C.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £500 per calendar month.

Flat 4
Second Floor
Living room, kitchen, bedroom with en-suite shower room/W.C.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at £640 per calendar month.

Flat 1
Ground Floor
Bedroom and W.C.
Basement
Living/dining room, kitchen and shower room.
Tenancy
Vacant. Estimated rental value of £500 per calendar month.

6 Union Street
Flat
Ground Floor
Entrance hall, living room, bedroom, inner hallway, kitchen, utility room, bathroom with W.C.

Outside
Garden and yard to rear.

Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £725 per calendar month.

Flat
First Floor (Extending into 4 Union Street)
Living room, kitchen/dining room, bedroom, inner hallway, bathroom/W.C.
Tenancy
Vacant. Estimated rental value of £700 per calendar month.

Flat
Second Floor
Entrance hall, living room/kitchen, bedroom and bathroom with W.C.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £575 per calendar month.

Basement Flat
Separate access, living room/bedroom, kitchen, shower room and separate W.C.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £450 per calendar month.

Viewing
Strictly by prior confirmed appointment with the Auctioneer’s Office. Interested applicants are requested not to contact the tenants directly.

Freehold with Part Vacant Possession

Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.


Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at , or contact us on , in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to


Property Location

Property Marketed by Clive Emson Auctioneers



Phone:
Address: London Road, Maidstone

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