Studio for sale

8, Ruth House, Buckland Hill, Maidstone, Kent, ME16 0UB

Guide Price £70,000 plus

For Sale under auction terms and conditions

Description

The property comprises a second-floor studio room situated within a purpose-built building arranged over lower ground, raised ground, and three upper floors.

Tenure

Leasehold. The property is held on a 99 year lease from 25th March 1985 (thus approximately 59 years unexpired).

Location

The property is situated on a cul-de-sac close to local shops and amenities. The open spaces of Whatman Park are within easy reach. Transport links are provided by Maidstone Barracks rail station which is just a short walk away.

Accommodation

Second Floor

Studio Room

Kitchen

Bathroom with WC & wash basin

G.I.A: 301 sq ft (28 sq m)

Exterior

The property benefits from communal gardens.

Tenancy

Let on a statutory periodic tenancy from 12/6/2025 at a rent of £716 per calendar month.

Current Rent Reserved

Current Rent Reserved £8,592 per annum

Note

We have been advised by the vendor that there are no rent or service charge arrears, Prospective purchasers must rely on their own enquiries in this regard.

BUYER’S PREMIUM

Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, a minimum of £5,000 + VAT upon exchange of the contract.

When registering to bid with us we will require 2 forms of ID (Passport, Driving Licence) to fit in line with the Anti-Money Laundering Act.