2 bedroom Mid Terrace Flat for sale,

Balmoral Road, Gillingham, Kent, ME7

FOR SALE BY MODERN METHOD OF AUCTION, STARTING BID £225,000 PLUS RESERVATION FEE.

An exciting opportunity for landlords and investors to purchase a unit of 2 one bedroom flats. Being sold with tenants in situ. The ground floor compromises of an entrance hall and the first of the two flats. A spacious bedroom to the front, with generous living area as you step in. Moving to the rear of the ground floor, there is a gally kitchen, and then utility room with access to the bathroom and separate toilet through this. The ground floor flat has private access to a low maintenance rear garden.

Upstairs to the first floor, is the second of the two flats. Spacious living room to the front of the property with a large open bay window, allowing light to flow into the home. A double bedroom, with ample room. And to the rear a nice size kitchen and main bathroom. Both flats have valid EPCs of C's, and both come under council tax band A.

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.