This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.









1 bedroom Flat for sale, Springvale, Maidstone, Kent, ME16
Features and Description
- One-bedroom flat included
- Prime town centre location
- Walking distance to amenities
- Fully equipped kitchen
- Allocated parking permit
- Spacious reception room
- Modern auction closing date 27th March 2025
- Low lease property
- Potential rental income
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Location
Situated in a prime town centre location, the property benefits from being within walking distance to a host of local amenities. The convenience of shops, restaurants, and the train station are all just a few steps away, making everyday living and commuting effortless.
Auction information
Auction closing date 27th March 2025 This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Lounge
9'6" x 16'5" (2.90m x 5.00m)
Kitchen
1.9m x 2.6m maximum measurments
Bathroom
6'3" x 6'3" (1.90m x 1.90m)
Bedroom
7'10" x 11'6" (2.40m x 3.50m)
Lease
62 Years - Cash buyers only99 years from 25th March 1988
Maintenance Charge
£192.46 per month
Ground Rent
£200
Agents Note
Ground rent increases every 19 years by £100
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Springvale, Maidstone, Kent, ME16

Additional Information
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Property refMAI250077
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EPCC
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TenureLeasehold
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Lease length61 years
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Council TaxA
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Local authorityMaidstone Borough Council
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Ground Rent£200
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Ground Rent ReviewContact the branch
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Service Charge£2,300

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