LOT 42

76 Postley Road, Maidstone, Kent, ME15 6TR

A FREEHOLD DEVELOPMENT SITE WITH PLANNING PERMISSION TO DEMOLISH THE EXISTING BUILDING AND ERECT A PAIR OF SEMI DETACHED, 7 BEDROOM, HMO PROPERTIES

Result: Please refer to auctioneer for more information Guide price: £365,000 Plus*

Auction Date

Tuesday, 14th September 2021 12:00am

The property is situated on a residential road in Maidstone close to local shops and amenities. The open spaces of South Park are within close proximity and Maidstone town centre lies approximately 0.75 miles to the north. Transport links are provided by Maidstone West rail station. The property comprises a freehold detached dwelling set within its own gardens with road frontage to Postley Road. The planning permission that has been granted allows for demolition of the existing building and the construction of two semi detached, 7 bedroom HMO properties, arranged over ground and two upper floors.

Tenure

Freehold

Accommodation

Each proposed HMO would comprise the following:

Ground Floor: Communal Entrance Hall, Communal kitchen, Two double bedrooms, each with ensuite shower room
First Floor: Landing area, Three double bedrooms each with ensuite shower room
Second Floor: Two double bedrooms each with ensuite shower room.
Outside: Forecourt with parking for four cars, rear communal enclosed garden

Planning

On 21st October 2019, under application 19/503772/FULL, Swale Borough Council granted permission for "Construction of two 7 bedroom houses in multiple occupation following demolition of the existing building."

We are advised that all planning conditions have been discharged.

There is an additional permission for demolition of the existing building and the construction of a pair of three bedroom semi detached properties. Prospective bidders should see the legal pack for further details.

Note

Auction Surveyor: Andrew Brown
Contact: 0208 5094470

Status

Please refer to auctioneer for more information

Joint Auctioneer

Piotr

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.