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Railway Street, Gillingham, Kent, ME7

PROPERTY TYPE

Flat

BEDROOMS

1

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Being Sold by GOTO Online Auction
  • Modern Method of Auction
  • Buy It Now option available
  • 56 working day Reservation Period
  • Non-refundable buyer's fees apply
  • Approx. 657 sq. ft. of living space
  • Allocated parking space included
  • 108 years and 6 months remaining on the lease
  • Ground rent: £100 per annum
  • Service charge: £780 per annum

Description

• Being Sold by GOTO Online Auction
• Starting Bids from £90,000
• Buy It Now option available

Located on the ever-convenient Railway Street in Gillingham, this spacious and characterful one-bedroom loft-style apartment offers approximately 657 sq. ft. of well-proportioned accommodation, making it an excellent choice for first-time buyers, commuters, or buy-to-let investors.

Situated on the third floor, the apartment enjoys a unique loft-style feel with generous living space and plenty of character. The attractive external appearance of the building adds to its appeal, while the property also benefits from an allocated parking space for added convenience.

The property is offered with approximately 108 years remaining on the lease, with an annual ground rent of £100 and a service charge of £780 per annum. Access is via stairs to the third floor, as the building does not have a lift.

Key Terms
This property is being offered for sale by the Modern Method of Auction. The successful buyer will have 56 working days to exchange and complete (the Reservation Period), allowing time to arrange mortgage finance where required.
If you are the successful bidder, you'll enter into a Reservation Agreement and pay a non-refundable Buyer's Premium. This secures the property, removes it from the market and helps provide greater certainty for both buyer and seller.
This property is subject to an undisclosed Reserve Price, which is typically no more than 10% above the Starting Bid.
For more information, please contact the agent or visit GOTO Online Auctions.

Auctioneer's Comments
The successful buyer will be required to pay the below non-refundable fees:
• Buyer's Premium: 3.6% of the purchase price plus VAT (subject to a minimum of £6,600 including VAT)
• Legal Pack Fee: £396.00 including VAT

The Buyer's Premium is payable in addition to the purchase price and may be taken into account when calculating Stamp Duty Land Tax (SDLT).
Material information:
If you intend to purchase using mortgage finance, you should satisfy yourself that the property is suitable for the purposes for which you intend to use it and that it meets your lender's requirements to secure lending before bidding.
A Legal Pack is available for this property and should be reviewed carefully before bidding. Neither GOTO Group nor the estate agent accepts any responsibility or liability for the accuracy or completeness of the Legal Pack and shall not be liable for any loss or damage arising from any inaccuracies, omissions or errors contained within it. Buyers should review the Legal Pack carefully, carry out their own due diligence and obtain independent legal advice where appropriate before proceeding.

Entrance Hall

3' 0" x 17' 1" (0.91m x 5.2m)

Entry door to side. Electric heater. Carpet.

Lounge

15' 7" x 18' 4" (4.76m x 5.59m)

Double glazed Velux window to front. Secondary glazed window to front. two storage heaters. Laminate flooring.

Kitchen

11' 10" x 10' 0" (3.61m x 3.04m)

Double glazed window to rear. Range of wall and base units with worktop over. Integrated oven and hob. Space for appliances. Extractor fan. Space for appliances. Laminate flooring.

Bedroom One

10' 6" x 14' 9" (3.2m x 4.5m)

Double glazed window to rear. Built in storage. Storage heater. Carpet.

Bathroom

8' 8" x 10' 0" (2.63m x 3.04m)

Doble glazed Velux window to side.Low level WC. Vanity wash hand basin. Tiled walls. Shower enclosure. Storage cupboard. Laminate flooring. Heated towel rail.

Parking

One allocated parking space to the rear.

Brochures

Particulars
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Allocated
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Railway Street, Gillingham, Kent, ME7

Approximate location

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Affordability

Monthly repayments£453
Property: £ 90,000
Deposit: £ 9,000
Interest rate: 5.35%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Recently sold & under offer
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About Robinson Michael & Jackson, Rainham

70-74 High Street Rainham Gillingham ME8 7JH

Why Choose Our FREE Valuation Service?

* Local Expertise: Our friendly and knowledgeable team deeply understands the local market. Rest assured, the valuation of your property will be based on the most up-to-date and accurate information.

* Experience Matters: With years of making the sales & lettings process straightforward for our customers, you can depend on us as your trusted adviser. Starting with your valuation as an introduction to our expertise.

* Personalised Support: Our relationship goes beyond the valuation; we'll be on hand to help you achieve the best results. Whether you're planning your next move, re-mortgaging or the probate case for a loved one.

How It Works:

1. Contact Us: Get in touch through the form provided or call the number on this page. We can chat on the phone or email, whatever suits you best. We're excited to learn about your property and your plans.

2. Meeting You: At your request, we can arrange a property visit so you get to know us, and we can familiarise ourselves with its features. We'll share our insights, ensuring an accurate valuation that gives you confidence.

3. Expert Guidance: Depending on your needs, we'll provide advice to aid your plans. If you decide that selling, letting, or re-mortgaging is right for you, we will guide you through any challenges that obstruct your goals.

About Us:

Founded three decades ago, the Robinson Jackson Group has a heritage spanning over 50 years. Returning customers often recall Jackson Property Services, the agent through which many secured their first homes. Our journey isn't solely steeped in nostalgia; it's powered by decades of experience that play a vital role in helping today's customers achieve their goals.

Our estate agency takes pride in its consistent presence, backed by an energetic team of nearly 200 dedicated professionals, from passionate sales and lettings experts to astute mortgage advisers - all located conveniently for our customers across the offices in London and Kent. Together, they make it happen with award-winning marketing, exceptional results and compassionate customer care.

Experience our agency for yourself. Contact us today for your FREE VALUATION.

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Disclaimer - Property reference RAI260817. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Robinson Michael & Jackson, Rainham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Robinson Michael & Jackson, Rainham on 01634 561140.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.