Development Site for sale in Gravesend

AUCTION PROPERTY A substantial and imposing detached freehold property arranged over basement, ground, first and second floors and configured as 10 residential units. Situated in a well-regarded and highly accessible location close to Gravesend town centre, this represents a strong income-producing residential investment with further asset management potential, subject to all necessary consents being obtainable. The lot also includes extensive side and rear gardens, outbuildings and a vacant detached garage, together with forecourt parking for multiple vehicles at the front of the property.

Whilst most units provide kitchen and bathroom facilities within the building, two units have privately allocated bathroom facilities located separately on the landing. Historic planning consent (Ref: GR/84/899W) approved the continued use of the premises as 10 flats.

Basement Flat (Self Contained) - Private Entrance
Sitting room, kitchen, bedroom and bathroom.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental 900 per calendar month.

EPC Rating E

Ground Floor
Flat A (Self Contained) - Private Entrance
Sitting room, bedroom, kitchen and bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of 850 per calendar month.
EPC Rating C

Flat B
Bedroom/living area, kitchen, bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of 700 per calendar month
EPC Rating D

Flat C
Bedroom/living area, bathroom, kitchen/diner, bathroom, separate WC and access to side/rear gardens.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of 750 per calendar month.
EPC Rating D



Flat F
Bedroom/living area, kitchen, bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of 700 per calendar month.
EPC Rating E

First Floor
Flat D
Combined living/bedroom area, kitchen/dining area with fitted kitchen units to one wall. Use of own bathroom separately on landing (marked as D).
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of 750 per calendar month.
EPC Rating D

Flat E (unmarked door)
Bedroom/living area, kitchen facilities. Use of own bathroom separately on landing (unmarked, end of corridor).
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of 650 per calendar month.
EPC Rating D

Flat G
Bedroom/living area, kitchen and bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of 700 per calendar month.

EPC Rating D


Flat H
Bedroom/living area, kitchen, bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of 700 per calendar month.
EPC Rating C

Two additional bathrooms that are separately used between Flats D and E.

Second Floor
Flat I (Self contained)
Living room, bedroom, kitchen/diner and bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a 900 per calendar month.
EPC Rating D

Council Tax Band G for Building

Outside
Extensive side and rear gardens, outbuildings, vacant garage and forecourt parking for a number of vehicles.

Auctioneer's Note
The property is configured as 10 residential units. Eight units are included within HMO Licence No. 23/00408/LHMO01 (expiring 11 June 2028), which permits occupation by up to 15 persons across the licensed accommodation. Two units are not included within the current HMO licence. Interested applicants should rely on their own planning and legal investigations in this regard.

Detached Garage
Tenancy
Currently vacant. Previously let at 150 per calendar month.

Local Planning Authority
Gravesham Borough Council. Tel: 01474 337391. Website: gravesham.gov.uk.

Freehold with Part Vacant Possession

Residential EPC: D

Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.

Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to www.cliveemson.co.uk/buyers-fees/