Studio for sale
Key information
Features and description
- 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.