Guide price
£70,000
1 bed flat for saleSpringvale, Maidstone, Kent ME16
1 bed
1 bath
1 reception
EPC Rating: C
- Auction
- Leasehold
Your Move - Maidstone
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About this property
One-bedroom flat included
Prime town centre location
Walking distance to amenities
Fully equipped kitchen
Allocated parking permit
Spacious reception room
Modern auction closing date 27th March 2025
Low lease property
Potential rental income
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
MAI250077/8
Description
A fantastic opportunity! Introducing a charming one bedroom apartment, currently available on the market for sale. This delightful apartment comprises of a master bedroom, well-sized reception room, a well-appointed bathroom, and a separate, kitchen.
In addition to its excellent location, the property comes with an allocated parking permit. This feature, along with the low lease, adds to the value proposition of this semi-detached house. It's worth noting that the property is being sold via a modern auction method, offering a transparent and efficient purchasing process.
This apartment, with its blend of comfort and convenience, offers an excellent opportunity for those looking to invest in a property with both residential and potential rental appeal. We invite interested buyers to experience first-hand the charm and potential.
Auction Information
Auction closing date 27th March 2025 This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment (truncated)
Location
Situated in a prime town centre location, the property benefits from being within walking distance to a host of local amenities. The convenience of shops, restaurants, and the train station are all just a few steps away, making everyday living and commuting effortless.
Lounge (2.9m x 5m)
Kitchen (1.9m x 2.6m)
Bathroom (1.9m x 1.9m)
Bedroom (2.4m x 3.5m)
Lease
62 Years - Cash buyers only
99 years from 25th March 1988
Maintenance Charge
£192.46 per month
Ground Rent
£200
Agents Note
Ground rent increases every 19 years by £100
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More information
Tenure
Leasehold (61 years)
Service charge
£2,300 per year
Council tax band
A
Ground rent
£200
Ground rent date of next review