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    Warwick Place, Maidstone, ME16 8SG

    £140,000Freehold

    211
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    Mortgage

    Estimated Monthly Mortgage Payment:
    Β£648 /mo.25 Years, 3.75% Interest
    Loan
    Β£126,000
    Total Repay
    Β£194,342

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    You’ll have to pay the stamp duty of:
    Β£300
    0% up to Β£125,000
    2% from Β£125,000 to Β£140,000
    Your effective stamp duty rate is 0.21%

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    Warwick Place, Maidstone, ME16 8SG

    £140,000

    Semi-detached house
    2 Bedrooms1 Bathroom1 Reception

    Key Information

    Tenure:Freehold
    Council tax band:Not available
    Broadband:up to 10000Mbps
    Mobile signal:*Based on indoor data coverage
    EEO2ThreeVodafone

    Key Features

    For Sale by Modern Auction
    Light Industrial Unit In Residential Area
    2,700 sqft Accommodation Split Over Three Floors
    Lapsed Planning Permission For Two Houses
    Would Suit A Multitude Of Business Purposes
    Potential For Residential Development Subject To Planning Permission Being Obtainable
    Off Street Parking To The Front
    Popular Maidstone Location
    Walking Distance To Maidstone West Train Station
    Easy Access To Motorway Links

    Description

    Situated in the charming Warwick Place, Maidstone, this semi-detached Victorian property presents a unique opportunity for both residential and business ventures.

    The property boasts a generous 2,700 square feet of accommodation spread over three floors, offering ample space for various uses. While it currently serves as a light industrial unit, it holds lapsed planning permission for the development of two houses, making it a versatile investment for those looking to explore residential development, subject to obtaining the necessary permissions.

    The property features off-street parking at the front, a valuable asset in this popular Maidstone location. Residents will appreciate the convenience of being within walking distance to Maidstone West Train Station, providing easy access to London and beyond. Additionally, the property benefits from quick links to the motorway, making it an ideal spot for commuters.

    Whether you are looking to establish a business in a thriving area or seeking a project with potential for residential development, this property offers a wealth of possibilities. Do not miss the chance to explore this exceptional opportunity in Maidstone.

    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 £349.00 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.

    MATERIAL INFORMATION

    Freehold
    Council Tax Band: NA
    EPC Report: NA
    Broadband: Full Fibre

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