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Flat 3, 76 Chatham Street, Ramsgate... Studio for sale
Flat 3, 76 Chatham Street, Ramsgate, CT11 7QB
£25,000
Flat 3, 76 Chatham Street, Ramsgate, CT11 7QB
£25,000
Our Summary
- LOT 100 **FOR SALE BY ONLINE AUCTION** on 1st July 2025 Leasehold Flat Vacant Possession Situated on Chatham Street, close to the amenities available in Ramsgate Town Centre and travelling facilities including Ramsgate Train Station
- A Self-Contained First Floor Studio Flat requiring modernisation with accommodation comprising: Entrance Hall Studio Room Kitchen Shower Room/WC Leasehold for a term of 99 years from 25th December 2003 (thus having approximately 77 years unexpired) at a ground rent of £100 per annum
- They are not necessarily figures which a property will sell for and may change at any time prior to the auction
- Each 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
- Guide prices will be continually updated on our website up until the day of the auction
Description
This leasehold studio flat is being sold by online auction on July 1st, 2025, and is situated on Chatham Street in Ramsgate, close to the town center and train station. The property requires modernization and has a studio room, kitchen, and shower room/wc. The lease has approximately 77 years remaining and a ground rent of £100 per annum. The property is vacant and could be let for around £650 per month. The guide price is £60,000 to £70,000, and the buyer's fee is £1,200 incl. VAT for lots sold over £10,000. The seller may charge additional fees payable upon completion.