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Studio flat for sale
Parham Road, Canterbury, Kent, CT1
£18,000
Parham Road, Canterbury, Kent, CT1
£18,000
Our Summary
- **For Sale By Online Auction** Pre Auction Offers Considered** Student suite currently achieving £7242 rent per annum Tenancy start date 06/09/2025 until and including 28/08/2026 Tenancy Duration 357 days £ 142
- Traditional Terms & Conditions - This property is for sale via Online Auction
- This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform
- The auction will run for 3 hours on a set date and time chosen by the vendor of the property
- The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount
- Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3
- The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives
- Properties may be sold prior to public auction if an offer is accepted by the vendors
- **Guide price - This is an indication of the seller's minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction
- **Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction, then the property will not be sold
- Auction Pack Available On Request
- Cash Buyers Only
- Pre Auction Offers Considered
Description
This student suite is currently generating £7,242 in rent per annum and is available for sale through an online auction. The property is located in Kentish House, Canterbury, and is within easy reach of the city center, excellent schools, and good road and rail links. The tenancy starts on September 6, 2025, and ends on August 28, 2026, with a weekly rent of £142. The property also comes with communal service charges, including a half-yearly service charge for the kitchen, Kentish House, and estate service charges. The online auction will run for three hours on a set date and time, and the winning bidder will be required to pay a 10% deposit and a non-refundable reservation fee of 3.6% of the winning bid, in addition to the purchase price. It is recommended that bidders review the legal documents prior to bidding and seek legal advice.