Cherry Garden Avenue, Folkestone, Kent

Situated on the top floor of a well positioned building, this apartment presents an excellent opportunity for buyers looking to put their own stamp on a property. Requiring some updating throughout, the flat offers fantastic potential to create a stylish and comfortable home or an appealing investment. The accommodation comprises a bright and airy living room, a separate kitchen, a well proportioned double bedroom and a bathroom. A notable feature is the additional utility room, providing valuable extra space for laundry and storage, an increasingly sought after benefit in apartment living. Occupying a desirable position just a short walk from Folkestone West Station, the property is ideal for commuters, with high speed rail links offering swift connections to London. Local amenities, shops, and green spaces are also within easy reach, enhancing everyday convenience, Ideal first time purchase or investment opportunity.

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.

AUCTIONEER'S COMMENTS

This property is for sale by the Modern Method of Auction - powered by iamsold Ltd. 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 4.5% 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 £349.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

REFERRAL ARRANGEMENTS

Wards and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.

Where services are accepted the Auctioneer or Wards may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

TO VIEW OR MAKE A BID - Contact Wards