Flat Property Description: A well sized two double bedroom apartment in the popular Russell Quay within walking distance to the town centre. Currently let at a rental income of £1,300 per calendar month (£15,600 per annum) - being sold with the tenants in situ offering instant attractive returns. Comprising of entrance hallway, large lounge/diner, kitchen, two double bedrooms and family bathroom. Externally, there is an allocated parking space and useful storage area. Situated right on the banks of the River Thames on West Street, Russell Quay is ideal for those who want to walk into the town centre with its mainline railway station which offers a high-speed service to St Pancras, London in just 22 minutes or the domestic service to London. The town centre offers a wide selection of shopping and social amenities including a choice of bars and restaurants. Ebbsfleet International railway station is easily accessed, whilst the A2 provides links to the M25, M2 and M20. Leasehold Information Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack. Draft Sales Details These sales details are awaiting vendor approval. Tenure: Leasehold. Subject to tenancy. Unexpired Years 101 Annual Service Charge £2,136 Utilities Information Heating Supply: Double Glazing, Gas Central Electric Supply: Mains Supply Water Supply: Mains Supply Sewerage Arrangements: Mains Supply Parking Arrangements Allocated Auction Details The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT). The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.