Situated in the outskirts of Maidstone this large and expansive period property offers fantastic opportunities for either those looking for an investment or development project or those looking for an expansive family home with a self-contained yet separate three bedroom annexe. The property is set on a large plot with a large rear garden and also being set back from the road with off street parking for several vehicles. The property was a former care home and split into three separate units with the main house now being converted back into a more conventional layout. The current layout utilises the ground floor and first floor as individual units although they are currently interlinked they could easily be separated as there is a separate first floor entrance to the side. The expansive main house enjoys overall five bedrooms and four reception rooms with two separate kitchens, a loft room, two bathrooms, conservatory and two separate cloakrooms. The annexe, which was formerly a four bedroom and could easily converted back is now a three bedroom and has its own large reception room, fitted kitchen and bathroom with direct access to the garden. There are sectioned areas of the garden with a large workshop which was formerly a garage and established lawn, trees and planting. The property has to be viewed to be fully appreciated and we anticipate a large amount of interest. This property is for sale by Modern Method of Auction powered by iamsold LTD - Starting Bid £760,000 plus Reservation Fee
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.