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.
2 bedroom Mid Terrace House for sale, Arden Street, Gillingham, Kent, ME7
Features and Description
FOR SALE BY MODERN METHOD OF AUCTION, STARTING BID £150,000 PLUS RESERVATION FEE.
An exciting opportunity to acquire this spacious two-bedroom period property, offering accommodation arranged over multiple levels and presenting exceptional scope for refurbishment and value enhancement. Requiring comprehensive modernisation throughout, this property will appeal to investors, developers, and owner-occupiers seeking a rewarding project in a highly convenient location.
The ground floor accommodation currently comprises two generous reception rooms with good ceiling heights and original proportions, providing excellent potential to create a bright and contemporary living and dining space. To the rear is a kitchen area with access to the lower ground level.
A particularly noteworthy feature of the property is the extensive double basement, offering substantial additional floor space. This area provides tremendous scope for conversion into further living accommodation, a home office suite, gym, cinema room or self-contained ancillary space, subject to the necessary planning permissions and building regulations.
To the first floor are two well-proportioned bedrooms and a family bathroom. From the landing, access is provided to a loft room, which offers further versatile space and clear potential to be converted into a third bedroom, subject to the relevant consents and compliance with building regulations.
Externally, the property benefits from a rear yard/garden area (if applicable), offering additional outdoor space with potential for landscaping.
Ideally positioned within easy walking distance of the local High Street, the property enjoys immediate access to a wide range of shops, supermarkets, cafés, restaurants and everyday amenities. The nearby train station provides convenient commuter links to surrounding towns and cities, making the location particularly attractive to both homeowners and tenants alike.
With its generous footprint, flexible layout, and significant development potential across the basement and loft spaces, this property represents a rare chance to create a substantial family home or high-yield investment in a well-connected setting.
Auction Notes
This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer s solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 4.5% subject to a minimum of 6,000 plus VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department.
Auctioneer Comments
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 £349.00 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 4.5% 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
12'6" x 11'5" (3.82m x 3.49m)
Dining Room
13'2" x 11'7" (4.02m x 3.54m)
Kitchen
11'6" x 9'2" (3.50m x 2.79m)
Double Basement
4.51m x
Master Bedroom
14'10" x 12'9" (4.51m x 3.89m)
Bedroom 2
13'3" x 9'5" (4.04m x 2.88m)
Bathroom
11'6" x 9'1" (3.51m x 2.76m)
Loft Room
14'1" x 10'11" (4.29m x 3.33m)
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.
Arden Street, Gillingham, Kent, ME7
Additional Information
-
Property refGIL260052
-
TenureFreehold
-
Council TaxB
-
Local authorityMedway Council
Similar properties for sale by Your Move Gillingham
The pin shows the exact address of the property
Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
N/APotential
N/ACO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
