Studio for sale
Key information
Property description & features
- Tenure: Leasehold (61 years remaining)
- Studio
- Leasehold
- Investment
A Second Floor Self-Contained Studio flat Subject to an Assured Shorthold Tenancy Producing £8,100 per annum
Description
The property comprises a second floor studio room situated within a purpose built building. Arranged over lower ground, raised ground and three upper floors.
Tenure
Leasehold. The property is held on a 99 year lease from 25th March 1985 (thus approximately 61 years unexpired).
Service Charge: £850.00 P.A.
EPC Rating: C
Council Tax Band: A
The current Accommodation includes
Second Floor
Studio Room
Kitchen
Bathroom with WC & wash basin
G.I.A: 301 sq. ft (28 square metres)
Exterior
The outdoors of the property benefits from communal gardens.
Tenancy income
The property is subject to an Assured Shorthold Tenancy for a term of 12 months at a current rent reserved of £675 per calendar month.
Property location
The property can be easily located using our what three words system and searching for “round.holly.leader”
The property is situated within a quiet cul-de-sac.
Close to local shops and amenities. The open spaces of Whatman Park are within easy reach. Transport links are provided by Maidstone Barracks Rail Station being just a matter of yards away from the flat.
The Area
Buckland Hill is considered to be a highly sought-after residential area located in Maidstone, Kent.
Situated in a prime location, the area offers easy access to the three major towns: Maidstone, Chatham, and Rochester, each within a 15-minute drive. Additionally, the proximity to the M20 motorway provides excellent connections to London and the wider South East of England.
For commuters, the area benefits from its closeness to Maidstone West and Maidstone East railway stations, both providing direct services to London and other major cities.
The local town centre of Maidstone is just a short distance away, offering a wide range of shopping facilities, restaurants, and entertainment options.
Buckland Hill also boasts an array of leisure and recreational amenities. The picturesque Mote Park, with its lake, leisure centre, and outdoor spaces, is a popular destination for outdoor activities and relaxation. Additionally, residents can easily access local golf courses, fitness centres, and a variety of dining and entertainment venues, ensuring a vibrant and active lifestyle is within easy reach.
Maidstone is just 1 mile
Chatham, is 8 miles North
Royal Tunbridge Wells 17 miles South
M20 motorway 2.5 miles North
London Westminster just 38 miles Northwest
Maidstone East or West Rail Stations provides links to London within 68 Minutes Travel time.
BUYER’S PREMIUM
Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, a minimum of £5,000 + VAT upon exchange of the contract.
When registering to bid with us we will require 2 forms of ID (Passport, Driving Licence) to fit in line with the Anti-Money Laundering Act.
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*DISCLAIMER
Property reference 8, Ruth House, Lesley Place Buckland Hill, Maidstone, Kent ME16 0UB. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Palace Auctions - Mayfair.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 22, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on December 22, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on June 26, 2015 from 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.
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