• Proposed Street Scene
  • Proposed Site Layout
  • Proposed Floorplans
  • Proposed GDV

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Sold STC - Mulberry House, Northumberland Road, Maidstone, Kent, ME15 Offers Over £775,000

Land  Sold STC Offers Over £775,000

Mulberry House, Northumberland Road, Maidstone, Kent, ME15

Full planning consent to provide a new residential development comprising of 9 x apartments

Freehold Site

GDV in excess of £2m

Possible improvements on number of units and GDV - subject to planning

Original building demolished & cleared

Freehold site, with the original building demolished and cleared, offered with planning consent to provide a new residential development comprising of 9 x apartments with associated off road parking. The approved development would consist of 7no. two bedroom with two bathroom apartments and a further 2no. one bedroom apartments. The current planned development would see a developer net a GDV in excess of £2M, however, we feel with further adept planning the site could offer more units and a higher GDV - subject to planning.

BEST & FINAL BIDS DEADLINE: 30th August 2021 at 12pm - Please ask us for a bidding form.

Planning

Local Authority: Maidstone Borough Council Website: www.maidstone.gov.uk/

The property is to be offered with planning consent for Replacement of existing vacant building to provide a new residential development comprising of 7no. two bedroom and 2no. one bedroom apartments with associated off road parking. | Mulberry House 16 Northumberland Road Maidstone Kent ME15 7LJ - (EXISTING BUILDING ALREADY DEMOLISHED AND CLEARED) Planning Ref: 18/505428/FULL Date Granted - 17th December 2018

PLEASE NOTE: - Buyers are liable to pay the agent fee of 1.25%+VAT on completion. - The Director of Bexletts LTD t/a Ashton Reeves Estate Agent is also one of the Directors of the company selling this site.

Location

Floorplan

Proposed Floor Plan 1

Property Images

Proposed Street Scene
Proposed Site Layout
Proposed Floorplans
Proposed GDV

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This property is currently Sold STC. However, register your details below and we will contact you if it becomes available again.

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Stamp Duty Calculation

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Total SDLT due

Below is a breakdown of how the total amount of SDLT was calculated.

Up to £
500
k (Percentage rate 0%)

£ 0

Above £
500
k and up to £925k (Percentage rate 5%)

Above £925k and up to £1.5m (Percentage rate 10%)

Above £1.5m (Percentage rate 12%)

Up to £500k (Percentage rate 0%)

£ 0

*This is for illustrative purposes only

Below is a breakdown of how the total amount of SDLT was calculated.

Up to £125k (Percentage rate 0%)

£ 0

Above £125k and up to £250k (Percentage rate 2%)

Above £250k and up to £925k (Percentage rate 5%)

Above £925k and up to £1.5m (Percentage rate 10%)

Above £1.5m (Percentage rate 12%)

Up to £300k(Percentage rate 0%)

£ 0

Above £300k and up to £500k (Percentage rate 0%)

Up to £300k (Percentage rate 0%)

£ 0

Above £300k and up to £500k (Percentage rate 5%)

*This is for illustrative purposes only

IMPORTANT NOTICE FROM ASHTON REEVES

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.