Apartment 5, 5, Trinity Crescent, FOLKESTONE, Kent, CT20 2ES

Long Leasehold two floor self-contained penthouse maisonette
Balconies with views
Investment
By order of the LPA Receivers

Location:
The property is situated on Trinity Crescent between its junctions with Clifton Crescent and Sandgate Road. Public transport links include Folkestone Central and Folkestone West rail stations (to Dover, London Charing Cross and Ashford International) together with a network of local bus services serving the surrounding vicinity. Road links include the M20 and A259. Shopping amenities can be found locally within Folkestone town centre, with an extensive range of shops, bars and restaurants being found in The Leas and Sandgate Road. Recreational pursuits can be found locally at the open spaces of The Leas Promenade and Lower Leas Coastal Park.

Description:
Long Leasehold two floor self-contained penthouse maisonette over third and fourth floors with balconies with views.

Accommodation:
The auctioneers were unable to inspect the property at the time of going to print although believe it comprises the following accommodation - Prospective purchasers must rely on their own enquires in respect of the accommodation and floor plan.

Fourth floor: Master bedroom, en-suite shower room/WC
Third floor: Two bedrooms (one with walk in wardrobe and balcony), reception room (with balcony) and kitchen, bathroom/WC
Gross Internal Area GIA (Source: EPC) approximately 139 sq m (1,496 sq ft)

EPC rating: D

Council Tax Band: C

Tenancy:
The property is let on an assured shorthold tenancy agreement (AST) for a term of 12 months from 15TH July 2022 at a rent of £1,250 per calendar month.

Rent reserved: £15,000 per annum

Lease:
Held on a long lease for a term of 125 years from and including 1 January 2019 and to and including 31 December 2144 (Thus having approximately 119 years remaining)







Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.