Budget-priced buy with renovation scope and immediate vacant possession.
- Ground-floor one-bedroom flat, approx. 463 sq ft
- Chain-free and vacant possession, ready to view
- Requires modernisation throughout, renovation potential
- Lease approx. 61 years remaining — may affect mortgage eligibility
- Sold by Modern Method of Auction; reservation fee applies
- Service charge about £1,030 per year; council tax very low
- Electric storage heating; no gas central heating
- Communal garden and double glazing; mid-1980s build
A ground-floor one-bedroom flat in Marlow House, Birchington, offered chain-free and sold by modern auction. The apartment is ready to view and offers straightforward living with a lounge, separate kitchen, bedroom and bathroom across about 463 sq ft. Double glazing and an included communal garden add low-maintenance outdoor space.
This property needs modernisation and is well suited to a first-time buyer prepared to renovate, or an investor looking for a budget entry into the local market. Key positives include immediate vacant possession and a manageable room layout; main systems are electric with storage heaters. Service charges average £1,030 per year and council tax is very low.
Important cautions are clear: the lease has approximately 61 years remaining, which may prevent some lenders from providing a mortgage. The sale is via the Modern Method of Auction — bidders must pay a non-refundable reservation fee (4.5% of purchase, minimum £6,600) plus an administration fee, and complete within the auction timescales. Buyers should perform full due diligence using the Buyer Information Pack before bidding.
Overall this is a cost-conscious purchase with immediate possession and clear renovation potential, but it carries material finance and transactional considerations that interest-ready buyers must address.
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