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1 bedroom Flat for sale, Balmoral Road, Gillingham, Kent, ME7
Features and Description
FOR SALE BY MODERN METHOD OF AUCTION, STARTING BID £120,000 PLUS RESERVATION FEE.
Presenting a charming first floor one-bedroom flat, being sold with tenants in situ, ideal for investors. This property is neutrally decorated throughout, offering a blank canvas for potential buyers to infuse their personal touch. The flat comprises of a spacious reception room, a well-equipped kitchen, a generously sized bedroom, and a bathroom. Each room is meticulously designed to maximise comfort and convenience, while the overall layout ensures a smooth flow of natural light and energy throughout the property.
Located in an area with excellent public transport links, this property provides easy access to both the city centre and the surrounding regions. Additionally, the location boasts of nearby schools, making it an ideal choice for those considering a family-friendly neighbourhood. Furthermore, the presence of local amenities within walking distance adds to the convenience factor of this property.
The property falls within Council Tax Band A, further enhancing its appeal for investors seeking a profitable and sustainable investment.
In summary, this one-bedroom flat offers a combination of comfort, convenience and potential. Its neutral decor, well-designed rooms and strategic location make it an excellent investment opportunity. We invite you to arrange a viewing and experience first-hand the unique potential this property has to offer.
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.
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.
Lounge
13'5" x 11'4" (4.10m x 3.45m)
Bedroom
11'4" x 8'6" (3.45m x 2.60m)
Kitchen
9'10" x 8'2" (3.00m x 2.50m)
Bathroom
8'6" x 6'7" (2.60m x 2.00m)
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 refGIL250075
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TenureShare of Freehold
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Council TaxA
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Local authorityMedway Council

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