Wellington Crescent, Ramsgate, Kent

£150,000 Guide Price

2 bedroom apartment for sale

Wellington Crescent, Ramsgate, Kent
2 Bed2 Bedrooms
1 Bath1 Bathroom
1 Reception
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Key Features

  • Being sold with no onward chain
  • Picturesque sea views of the English Channel
  • For sale by Modern Auction - T&C's apply
  • Subject to an undisclosed Reserve Price
  • Buyer's fees apply
  • EPC energy efficiency rating D (58/77)

Description

This well-presented ground floor apartment is situated on the sought after Wellington Crescent and boasts direct views of the English Channel. Situated just a short distance from Ramsgate's Royal Harbour which benefits from an array of popular shops and restaurants. The property advances from spacious living, including a generous sized kitchen/lounge, perfect entertaining visitors. Conveniently located on the Thanet Loop bus route; perfect for easy access to all Thanet Towns. Being sold with no-onward chain."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 4.51% 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

 

Important information about this property

  • Shared Ownership: no
  • Annual Service Charge: £600
  • Council Tax exempt: no
  • Council Tax band: A
  • Tenure Unexpired: 963 years
Energy PerformanceToggle Icon

Room Dimensions

Entrance Hallway
Kitchen/Lounge17'7 × 13'5 (5.36m × 4.09m)
Bathroom7'8 × 4'9 (2.34m × 1.45m)
Bedroom 29'7 × 8'9 (2.92m × 2.67m)
Bedroom 112'7 × 8'6 (3.84m × 2.59m)

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Wellington Crescent, Ramsgate, Kent

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Investment opportunity

Estimated yield: 8.68% yield

Estimated rental income: £1,085 pcm

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Ashleigh Martin

Ashleigh Martin

Branch Manager
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Monthly Repayments:

£ 601

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Good to know

Ramsgate
Getting to know

Ramsgate

Ramsgate, a charming coastal town in Kent, seamlessly blends maritime heritage with modern living. Known for its picturesque Royal Harbour - the only one in the UK - Ramsgate offers residents a unique seaside experience. The town's vibrant community, historic architecture, and scenic beaches make it an appealing destination for families, professionals, and retirees alike.

Ashleigh Martin

Ashleigh Martin

Branch Manager
Thinking of moving home?Use our instant valuation tool and see what your home is worth in secondsEnquire or Book a ViewingCall 01843 580314

Investment opportunity

Estimated yield: 8.68% yield

Estimated rental income: £1,085 pcm

Ask the lettings experts a question
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