Residential · Flat · Leasehold

A Lower Ground Floor One Bedroom Flat Offered with Vacant Possession

122A Luton Road, Chatham, Kent, ME4 5AD

Property type
Flat
Bedrooms
1
Bathrooms
1
Receptions
1
Tenure
Leasehold
EPC
C

A lower ground floor one bedroom flat situated within a mid terrace building in Chatham, Kent. The property is offered with vacant possession and comprises a reception room, kitchen, bedroom, utility room and bathroom. The property is leasehold with approximately 62 years unexpired and benefits from allocated parking.

Lower ground floor flat Allocated parking Close to local amenities Near Gillingham Park Rail station access

Accommodation

  • Reception room
  • Kitchen
  • Bedroom
  • Utility Room
  • Bathroom

Full description

A lower ground floor one bedroom flat offered with vacant possession, situated within a mid terrace building arranged over lower ground, ground and first floors at 122A Luton Road, Chatham, Kent, ME4 5AD. The accommodation comprises a reception room, kitchen, bedroom, utility room and bathroom on the lower ground floor. The property benefits from allocated parking. The property is situated on a residential road close to local shops and amenities. The open spaces of Gillingham Park are within easy reach. Transport links are provided by Chatham rail station. The property is held on a leasehold basis with a 99 year lease from 15th June 1989, with approximately 62 years unexpired. Prospective purchasers should be aware that if they wish to extend the lease to 90+ years, they will need to pay a premium to the freeholder by way of serving a Section 42 notice. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. EPC Rating: C

Financial Tools

Your estimated monthly payment
£250.12/mo
Deposit £15,000 (25%) Loan £45,000 Interest £30,037
Total cost £75,037 Total interest £30,037
Property price£60,000
Deposit25%
£15,000
Interest rate4.5%
Term25 yrs

For illustration only. SDLT applies to England & Northern Ireland; rates and reliefs change. Seek independent financial advice before making decisions.

Location

122A Luton Road, Chatham, Kent, ME4 5AD
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