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2 & 4 Catchment Cottages, Hampstead Lane, Yalding, Maidstone, Kent, ME18 6HL

Guide price: £750,000.00|Auction date: 2024-07-03|Lot: -|Land, House, Residential Land, Commercial Land, Residential

Property details

SIZE0.28 Hectares
ADDRESS2 4 Catchment Cottages, Hampstead Lane, Maidstone, ME18 6HL
TYPELand, House, Residential Land, Commercial Land, Residential
TENUREFor Sale Freehold
TENANCYInvestment
POSTED ON10th May 2024

Description

Two Residential Three Bedroom Cottages and Associated Land
Income Producing Investment of £21,840 Per Annum
Totaling Approximately 121 sq m (1,302 sq ft) GIA
On a Site of Approximately 0.279 Hectares (0.689 Acres)
Part May Be Suitable for Development Potential (STP)

DESCRIPTION
2 Catchment Cottage is a two storey semi detached dwelling comprising a living room, kitchen, three bedrooms and bathroom with gardens. The internal accommodation extends to approximately 60 sq m (646 sq ft). The property is let on a Protected Tenancy at a rent of £210.00 per week (£910.00 pcm/£10,920 per annum) effective 1 September 2012.

4 Catchment Cottage is a two storey semi detached dwelling comprising a living room, kitchen, three bedrooms and bathroom with gardens. The internal accommodation extends to approximately 61 sq m (657 sq ft). The property is let on a Protected Tenancy at a rent of £210.00 per week (£910.00 pcm/£10,920 per annum) effective 1 September 2012.

The properties are on a site of approximately 0.279 hectares (0.689 acres).

LOCATION
The properties are situated within Yalding in Kent on Hampstead Lane which are located close to Hampstead Marina and Lock, with access to local amenities as well as direct access to local transport links.

Yalding is a desirable village between East Peckham and West Farleigh. It has a good range of local facilities including a village shop, a post office, a small library, a doctors surgery, pubs, primary school and a number of comprehensive and grammar schools in both Maidstone and Tonbridge.

The properties are located ½ a mile from Yalding station on the Medway Valley Line, which connects to London via Paddock Wood, and to Maidstone West. Maidstone town centre is 6 miles away and Paddock Wood, 5 miles away, with additional shopping outlets and direct trains to London Bridge in 45 minutes.

Junction 4 of the M20 provides easy access, linking with all the other motorway networks.

TENURE
The properties are held on one Freehold Title under Title Number K951259.

TENANCY
2 Catchment Cottage: The property is let on a Protected Tenancy at a rent of £210.00 per week (£910.00 pcm/£10,920 per annum) effective 1 September 2012. The tenant has been in occupation since 1 November 1979.

4 Catchment Cottage: The property is let on a Protected Tenancy at a rent of £210.00 per week (£910.00 pcm/£10,920 per annum) effective 1 September 2012. The tenant has been in occupation since 08 December 1977.

PLANNING AUTHORITY
Maidstone Borough Council - www.maidstone.gov.uk

BIDDER REGISTRATION
Registration for bidding will close at 2:00 pm the day before the auction, after which we cannot guarantee giving you permission to bid at the auction.

VAT
Refer to the legal documentation

ENERGY PERFORMANCE CERTIFICATE
2 Catchment Cottage EPC: C70
4 Catchment Cottage EPC: C69

CONTACT
Lucy Garner Currie
02071982000

VENDOR'S SOLICITOR
Capsticks
Rebecca Gilbert
rebecca.gilbert@capsticks.com

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every 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.
ADMINISTRATION FEE The successful purchaser will be required to pay the auctioneers administration fee of £1,200 inclusive of VAT on purchases of £20,000 and above and £360 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply.

Location

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Location: 2 4 Catchment Cottages, Hampstead Lane, Maidstone, ME18 6HL

Yalding (0.1 miles)

Beltring (1.6 miles)

Wateringbury (1.8 miles)

Agent's details

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