High Street, Maidstone, ME14
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
5
- BATHROOMS
5
- SIZE
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Key features
- Five self contained apartments
- Ideal Landlord investment (Tenant's in-situ)
- Situated in Maidstone Town Centre
- Highly regarded apartments
- Annual rental income: £44,940
Description
Being sold via Secure Sale online bidding - Terms & Conditions apply. Starting Bid - £425,000
Kent Residential are pleased to announce a block of five apartments situated in the heart of Maidstone Town Centre.
A rare opportunity for five self contained apartments with tenants in-situ have become available.
The Interior.
A selection of five self contained one bedroom apartments offering space for all things you need to live comfortably. Each apartment has a lounge, kitchen with a range of wall and base units including white goods, spacious double bedroom and bathroom with shower attachment to bath.
Location.
High Street is located in Maidstone town centre where you will find two main shopping centres, The Mall and Fremlin Walk. Other developments include the riverside Lockmeadow Centre, which includes a multiplex cinema, bowling alley and restaurant as well as the town’s market. The town centre includes a number of pubs, clubs and restaurants. Local train services in Maidstone are operated by Southern Eastern Rail. Maidstone East, West and Barracks are all within walking distance. The Maidstone East line runs between Ashford to London Victoria. Maidstone West has four High Speed Rail Links between Maidstone West and St Pancras via Strood and Gravesend.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Additional Information.
Annual Return: £44,940, providing a return yield of 8.6%
Leasehold.
Lease: 125 year lease from 1998. Approx. 98 Years Remaining
Ground Rent: Peppercorn.
Council Tax - B(Maidstone Council)
EPC: D-E
- 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: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
High Street, Maidstone, ME14
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Visit our security centre to find out moreDisclaimer - Property reference 7cafe43f-2488-4011-998d-679583d55ada. 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 Kent Residential, Maidstone. 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 Kent Residential, Maidstone on 01631 700400.
*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.
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