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Land For Sale £1,850,000
Austin Heights, 25 Hartnup Street, Maidstone ME16


Description
Fully let block of 11 apartments with planning permission for 5 additional residential units in new building at rear of car park. Existing building comprises 6 x 2 bedroom apartments and 5 x 1 bedroom apartments all currently let. Planning permission granted for detached new building with 5 units.

Maidstone Borough Council has granted planning permission for the contruction of a 3 storey building at the rear of the site. The proposed development would contain 2 studios on the ground and first floor and a two bedroom apartment on the top floor.

The planning application reference is: 19/504644/full|Erection of 5 flats (4 no. Studio flats and 1no. 2-bed flat) with parking and amenity space

cil Liability: We understand that there will be a liability of £20,081.11 of Community Infrastructure Levy payable to Maidstone Borough Council on commencement of the proposed development

We have been advised that all 11 apartments are currently let and that the that the current monthly rent is £8428 and this would equate to annually £101,136 if current passing rents are maintained over the course of a year.

Apartment 1 - Ground floor apartment with separate entrance comprising open plan lounge/kitchen with fitted kitchen and patio door leading to courtyard area; double bedroom with patio door leading to rear; bathroom with shower over bath. Currently tenanted. EPC Energy Efficiency Rating C

Apartment 2 - Ground floor apartment comprising open plan lounge/kitchen with fitted kitchen; double bedroom with patio door leading to rear; bathroom with shower over bath. Currently tenanted. EPC Energy Efficiency Rating C

Apartment 3 - Ground floor apartment comprising open plan lounge/kitchen with fitted kitchen and patio door leading to front courtyard area; double bedroom; bathroom with shower over bath. Currently tenanted. EPC Energy Efficiency Rating C

Apartment 4 - First floor apartment comprising open plan lounge/kitchen with fitted kitchen and Juliet balcony; double bedroom with en-suite shower room; second bedroom; bathroom with shower over bath. Currently tenanted. EPC Energy Efficiency Rating C

Apartment 5 - First floor apartment comprising open plan lounge/kitchen with fitted kitchen and Juliet balcony; double bedroom; bathroom with shower over bath. Currently tenanted. EPC Energy Efficiency Rating C

Apartment 6 - First floor apartment comprising open plan open plan lounge/kitchen with fitted kitchen and Juliet balcony; double bedroom with en-suite shower room; second bedroom; bathroom with shower over bath. Currently tenanted. EPC Energy Efficiency Rating C

Apartment 7 - Second floor apartment comprising open plan lounge/kitchen with fitted kitchen and Juliet balcony; double bedroom with en-suite shower room; second bedroom; bathroom with shower over bath. Currently tenanted. EPC Energy Efficiency Rating C

Apartment 8 - Second floor apartment comprising open plan lounge/kitchen with fitted kitchen and Juliet balcony; double bedroom; bathroom with shower over bath. Currently tenanted. EPC Energy Efficiency Rating C

Apartment 9 - Second floor apartment comprising open plan lounge/kitchen with fitted kitchen and Juliet balcony; double bedroom with en-suite shower room; second bedroom; bathroom with shower over bath. Currently tenanted. EPC Energy Effiiciency Rating B

Apartment 10 - Third floor apartment comprising open plan lounge/kitchen with fitted kitchen and Juliet balcony; double bedroom with en-suite shower room; second bedroom; bathroom with shower over bath. Currently tenanted. EPC Energy Efficiency Rating C

Apartment 11 - Third floor apartment comprising open plan lounge/kitchen with fitted kitchen and Juliet balcony; double bedroom with en-suite shower room; second bedroom; bathroom with shower over bath. Currently tenanted. EPC Energy Efficiency Rating C

Please note that internal images used of one apartment are from September 2017 during a period of vacancy between tenancies.
Century 21 Maidstone endeavour to make their sale particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract. All measurements are approximate and quoted for guidance only as are floorplans.Because of the Anti-Money Laundering regulations the successful purchasers of the property will be asked to provide identification documents and proof of funds and/or mortgage arrangements.

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