Call 0800 038 5996

Guide Price: £70,000.00

Modern Method of Auction

Flat 2, 8 Penshurst Road , , Ramsgate , CT11 8EG

Image
Image
Image
Image
Image

CURRENT BID*

£65,000.00

(Place a bid)

AUCTION CLOSED

Lot Number: 75596223

Property ID: 63177036

Whoobid Auctioneers

djacobs@whoobid.co.uk

01202 137200

The minimum current bid is £65,500.00

Fees Apply

Automatic maximum bid £ (only bid in increments of £500)

£

Select your solicitor or add a new one

Select your payment method or add a new one

Must be logged in to see bid buttons

Guide Price

£70,000.00

Method of Auction

Modern

Property Type

Flat

Number Of Beds

1

Tenure

Leasehold Property

Address

Flat 2, 8 Penshurst Road

Key Features

CT11 8EG

Description

This is an ideal first time purchase or as a buy to let investment opportunity with the potential rent of £575pcm.

AUCTION DATE: 21/04/2021 4pm

PLEASE CALL FOR AVALIABLE TIMES FOR VIEWINGS

New carpets have gone in the lounge and bedroom just awaiting paintwork, new shower screen and some kitchen units and then will be ready for anyone needing somewhere convenient very soon. There is a double bedroom and a spacious lounge with the bathroom with shower over the bath and of course the kitchen separate.

Please note the lease is currently 65 years

Maintenance Approx: £1000 PA Uncited

Ground Rent: £100 PA Uncited

(Please note that the figures are uncited and what the vendor has informed us)

This property is for sale via Online Auction. This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to

a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £4,800 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives. We strongly recommend that you review the legal documents prior to bidding and seek legal advice. PLEASE REMEMBER THAT THE RESERVATION FEES ARE PAYABLE IN ADDITION TO

THE ASKING PRICE. Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability. Bidders will be required to register in order to download the 'legal pack', if you choose to bid on the property you will be required to complete further identity checks for anti-money laundering purposes and provide card details before you are able to place a bid. Properties may be sold prior to public auction if an offer is accepted by the vendors.

**Guide price - This is an indication of the seller's minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.

**Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above a single figure guide price or if a guide price bracket is quoted the reserve will fall somewhere within those figures

Property Brochure

Download Link:  Must be logged in!

Property Auction Pack

Download Link:  Must be logged in!

EPC

Download Link:  Must be logged in!

Floor Plan

Download Link:  Must be logged in!

**These particulars are produced by the advertising agent and not
verified by Whoobid, they are believed to be correct but their accuracy
cannot be guaranteed and they do not constitute an offer or form part of
any contract.**

Map Location

Property Location

Address: CT11 8EG

logo

Agent's Information

Name: Whoobid Auctioneers

Address: LONDON, Dorset, EC1V 2NX

Telephone Number: 01202 137200

Email: djacobs@whoobid.co.uk

AVAILABLE PROPERTIES


Image
31/12/2025 00:00:00

ONLINE AUCTION

GUIDE PRICE*
£500,000.00

Reservation Fee Applies

Freehold Property

92 & 92a Oval Road
Croydon
FLAT
Image
31/12/2025 00:00:00

ONLINE AUCTION

GUIDE PRICE*
£1,900,000.00

Reservation Fee Applies

Freehold Property

141-143 Croydon Road
Beckenham
COMMERCIAL
Image
31/12/2025 00:00:00

ONLINE AUCTION

GUIDE PRICE*
£95,000.00

Reservation Fee Applies

Freehold Property

3 Dyffryn Road
Swansea
HOUSE
Cookies help us deliver our services. By using our services, you agree to our use of cookies.