Sold prior to auction, for an undisclosed amount

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A lifetime tenancy investment. This is an investment purchase available to cash buyers only.

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Description/Location

A 1 Bedroom Terrace property occupied by a Male aged 66. 100% purchase. The occupiers continues to live in the property for their lifetime, they pay no rent but are responsible for the maintenance of the property and all associated costs. When the Lifetime Owner permanently vacates the property the investor obtains vacant possession. Only external viewing is available, this is non-negotiable.

Tenure

Freehold

Joint Agent

Please contact Guy Charrison on 01344 851007

Local Authority

Medway Council 01634 306000

Viewing

Please contact Elliott Network Auctions on 020 7871 0420

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.