INCREDIBLE INVESTMENT OPPORTUNITY IN CENTRAL BROADSTAIRS LOCATION!!
Miles and Barr are delighted to bring to market this lovely flat, set over the first floor of this stunning building in the popular seaside town of Broadstairs. The property currently comprising of a bedroom, bathroom and kitchen/reception area.
In our opinion this perfectly situated property is ideal for investment buyers who are looking to purchase a buy to let or Air BnB or alternatively because of its central location someone looking for a weekend retreat.
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it ha
|Kitchen/Reception Room||5.26m x 4.04m at maximum (17'3 x 13'3 at maximum)|
|Bedroom||3.51m x 3.38m (11'6 x 11'1)|
|En Suite||1.73m x 1.83m (5'8 x 6)|