2 bed Flat For Sale £40,000
For sale by auction on Tuesday, 18 May 2021 at 14:00
Venue: Live stream www.AuctionHouse.Online,
development opportunity with planning consent for loft conversion with dormers to the rear and both sides to create A two bedroom flat with roof terrace (ref:19/501441/full).
This development opportunity delivers a spacious two bedroom flat in an existing block of 7 with a total living space of approximately 874Sq Ft (81.22Sq M) plus two roof terraces.
Projected gdv
Similar properties in the area are currently selling for around £3,127.69 per Square Meter giving a realistic expectation for a Gross Development Value of about £220,000 on this project
location
Maidstone is a town in Kent and it is the county town. Historically important it lies 32 miles East-South-East of London. The property is located about 1 mile North of Maidstone Town Centre in a popular residential area.
Notes
gdv Values are calculated from completed sales and should be considered the opinion of the vendor which should not be relied upon, prospective buyers are advised to carry out their own due diligence
viewing
Strictly by appointment with the auctioneer Tel: Additional Fees
Buyers Premium: £1800 inc VAT payable on exchange of contracts.
Administration Charge - 0.6% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Live stream www.AuctionHouse.Online,
development opportunity with planning consent for loft conversion with dormers to the rear and both sides to create A two bedroom flat with roof terrace (ref:19/501441/full).
This development opportunity delivers a spacious two bedroom flat in an existing block of 7 with a total living space of approximately 874Sq Ft (81.22Sq M) plus two roof terraces.
Projected gdv
Similar properties in the area are currently selling for around £3,127.69 per Square Meter giving a realistic expectation for a Gross Development Value of about £220,000 on this project
location
Maidstone is a town in Kent and it is the county town. Historically important it lies 32 miles East-South-East of London. The property is located about 1 mile North of Maidstone Town Centre in a popular residential area.
Notes
gdv Values are calculated from completed sales and should be considered the opinion of the vendor which should not be relied upon, prospective buyers are advised to carry out their own due diligence
viewing
Strictly by appointment with the auctioneer Tel: Additional Fees
Buyers Premium: £1800 inc VAT payable on exchange of contracts.
Administration Charge - 0.6% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
