1 bedroom Flat for sale,

Balmoral Road, Gillingham, Kent, ME7

This property would be an excellent investment opportunity. The location, combined with the beneficial features of the flat, make it appealing to a wide range of potential renters, thus providing a stable return on investment.

In summary, this flat is a fantastic purchase for any investor looking to expand their portfolio with a property that offers convenience, comfort, and financial benefits.

Desciption

FOR SALE BY MODERN METHOD OF AUCTION, STARTING BID £130,000 PLUS RESERVATION FEE.Presenting this well-maintained flat, currently listed for sale. The property is in a good state of condition, being sold with tenants in situ. The property boasts a single, spacious reception room that is perfect for hosting or simply unwinding after a long day. Additionally, the flat includes a well-equipped kitchen that caters to all culinary needs. The property features one generously sized bedroom which provides ample space for personalisation, alongside a well-appointed bathroom, providing all the necessary comforts for any potential homeowner.The property is energy efficient with an EPC rating of C, providing a balance between comfort and sustainability. Further financial advantages include being placed in council tax band A, reducing the overall running costs of the property.Situated in a location that has excellent public transport links, this flat provides easy access to both local and wider areas. The property also benefits from being in proximity to local amenities, ensuring that all daily needs can be met with ease. Additionally, for those with families or considering starting one, there are nearby schools, making this a convenient location for educational needs.This property would be an excellent investment opportunity. The location, combined with the beneficial features of the flat, make it appealing to a wide range of potential renters, thus providing a stable return on investment. In summary, this flat is a fantastic purchase for any investor looking to expand their portfolio with a property that offers convenience, comfort, and financial benefits.

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 6,500 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.

Living Room

12'2" x 10'6" (3.70m x 3.20m)

Bedroom

12'6" x 9'10" (3.80m x 3.00m)

Kitchen

10'6" x 5'7" (3.20m x 1.70m)

Utility Room

5'7" x 5'7" (1.70m x 1.70m)

Bathroom

4'11" x 4'7" (1.50m x 1.40m)

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.