Small two-bed investment with long lease, parking and Dover Castle views, sold at auction..
- Two bedrooms, purpose-built flat, approximately 485 sq ft
- Long lease: 990 years remaining
- Tenant in situ — immediate rental income, not vacant
- Sold via Modern Method of Auction; reservation fee applies
- Allocated off-street parking and castle-facing views
- Electric room heaters; main heating is electric
- Slow broadband speeds reported
- EPC D, Council Tax Band A (very cheap)
A compact two-bedroom purpose-built flat occupying 485 sq ft with allocated off-street parking and striking views of Dover Castle. Situated close to town, the property benefits from long leasehold security (990 years) and double glazing. It currently has a tenant in situ, making it an immediate income opportunity rather than a vacant purchase.
This sale is by the Modern Method of Auction. Buyers should budget for a non-refundable reservation fee (4.2% of the purchase price, minimum £6,000) and expect a 56-day completion window after exchange. The property is advertised with an EPC rating of D and uses electric room heaters; mains broadband speeds are reported slow, which may affect some tenants or occupiers.
For investors the flat offers straightforward rental potential in a comfortable, well-connected neighbourhood with good local schools nearby and excellent mobile signal. Owner-occupiers should note the tenancy, auction sale process and modest size — the layout is traditional and best suited to those wanting a manageable investment or a small first home with renovation potential.
Buyers must carry out their own due diligence. The auction pack should be reviewed carefully for legal pack contents and any additional charges. The property is sold leasehold and will be subject to the usual buyer checks and reservation agreement terms associated with auction sales.
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