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1 bedroom Flat for sale, Balmoral Road, Gillingham, Kent, ME7
Features and Description
- One-bedroom flat
- Vibrant Gillingham area
- Spacious reception room
- Well-equipped kitchen
- Comfortable bedroom
- Well-maintained bathroom
- Excellent transport links
- Nearby local amenities
- Investment opportunity
- First-time buyer friendly
FOR SALE BY MODERN METHOD OF AUCTION, STARTING BID £80,000 PLUS RESERVATION FEE.
Presenting a delightful one-bedroom flat, situated in the vibrant area of Gillingham, now available for sale. This property is an outstanding investment opportunity and also an excellent choice for first-time buyers looking to step onto the property ladder.
The flat comprises of a single spacious reception room, providing an ideal setting for both relaxation and entertainment. The reception room is versatile and can be adapted to meet the buyer’s personal preferences and lifestyle needs.
The property also features a well-equipped kitchen. Although compact, it is fully functional and designed to maximise utility and convenience. Whether you enjoy cooking or value quick and easy meal preparation, this kitchen caters to all needs.
In addition, the flat offers a comfortable bedroom and a well-maintained bathroom. The bedroom is a pleasant retreat after a long day, and the bathroom, with its practical layout, caters for all essential needs.
The location of the property is a significant advantage, with excellent public transport links nearby, ensuring easy commuting to other areas. Local amenities are also within a short distance, adding to the convenience factor of this property.
The flat is categorised under Council Tax Band A and has an Energy Performance Certificate (EPC) rating of E. While it is worth noting that the EPC rating suggests that there is some room for improvement in terms of energy efficiency, it does not detract from the overall appeal of the property.
In conclusion, this flat is a great opportunity for investors or first-time buyers. Its strategic location, practical layout, and potential for personalisation make it a worthy consideration.
Auctioneer Comments
This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer s solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 4.5% subject to a minimum of 6,000 plus VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department.
Auction Notes
This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer s solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 4.5% subject to a minimum of 6,000 plus VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department.
Lounge
18'1" x 14'9" (5.50m x 4.50m)
Kitchen
13'1" x 6'7" (4.00m x 2.00m)
Bedroom
11'6" x 8'2" (3.50m x 2.50m)
Bathroom
8'2" x 7'3" (2.50m x 2.20m)
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Balmoral Road, Gillingham, Kent, ME7
Additional Information
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Property refGIL250015
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EPCE
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TenureLeasehold
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Lease length63 years
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Council TaxA
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Local authorityMedway Council
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Ground Rent£300
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Ground Rent ReviewContact the branch
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Service Charge£1,000
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51Potential
82CO2 Rating
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Not energy efficient - higher running costs