GUIDE PRICE- £220,000-£240,000 This contemporary first-floor apartment, constructed in 2016 to a high standard on the historic grounds of a former Edwardian nurses' home, offers a bright and spacious living experience. The standout feature is the expansive living room, bathed in natural light from four large windows, complemented by sleek wood laminate flooring that flows seamlessly throughout, creating a modern and airy ambiance.
The building itself is visually striking, showcasing elegant brickwork with intricate string coursing, quoins, soldiering, gables, and dormer windows. The property benefits from rear vehicular access and designated parking. The apartment comes with a 116-year remaining lease (from an original 125 years), an annual service charge of approximately £1,400, and a ground rent of £370 per year. With a potential rental income of £1,350 per month, it presents an excellent investment opportunity.
Ideally situated, the apartment is within easy reach of Maidstone Hospital, local schools, and a range of amenities. Its proximity to Barming train station and the extensive motorway network ensures superb connectivity. The property features two modern bathrooms and is offered chain-free, making it an attractive option for buyers seeking convenience and quality.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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