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1 bedroom apartment for sale
Flat 2, 304 High Street, Dorking, Surrey, RH4 1QX
£70,000
Flat 2, 304 High Street, Dorking, Surrey, RH4 1QX
£70,000
Our Summary
- FOR SALE BY AUCTION: To be sold by public auction on the executor's instructions
- ' Auction date The property is to be sold by public auction on Friday, 30 May 2025 via a 2-hour online bidding window
- 67 biannually Local authority and council tax band Surrey County Council Mole Valley District Council Council tax band: B Pre-auction bids To make a pre-auction bid, you must be an approved bidder
- The common auction conditions and special conditions apply to all pre-auction bids, and no conditions will be acceptable
- Should your pre-auction bid be accepted, you will need to immediately pay the balance of the 10% deposit (min
- £5,000) and all auction fees listed
- Auction fees In addition to the 10% deposit (min
- £5,000) of your winning bid, you must pay an auction buying commission of 2
- 00 plus VAT) of the purchase price and auction buying fee of £1,900
- Auction 30 May 2025
Description
A tenanted, second-floor, leasehold flat with 387 square feet of living space is being sold by public auction on May 30, 2025. The property, located on Dorking High Street in Surrey, has a 99-year lease from January 2016 and a gross annual yield of 9.0%. The service charge is £976.67 biannually. The flat, which is currently rented for £825.00 per calendar month, offers a ready-made high-yield investment opportunity in a popular area. The auction will be held online, and pre-auction bids are being accepted. The property has an EPC rating of C, and the local authority and council tax band is Surrey County Council and Mole Valley District Council, respectively. The auction fees include a 10% deposit, an auction buying commission of 2.5% plus VAT, and an auction buying fee of £1,900.00 plus VAT.