Red House Cottage, 29 Old Road, Wateringbury, Maidstone, Kent, ME18 5PL

Interested parties should contact Knight Frank Auctions for further information.

Description
On instructions of the Attorneys.

Red House Cottage represents a rare opportunity to acquire a substantial project with significant amenity land and longer-term potential in an established and highly regarded village location.

The Cottage is a characterful three-bedroom period home occupying a substantial plot extending to approximately 1.5 acres in an attractive village setting. The property now requires significant modernisation and refurbishment throughout, presenting an exceptional opportunity for purchasers seeking to create a bespoke family home tailored to their own requirements. The substantial grounds further enhance the property's appeal, offering excellent potential for equestrian interests, leisure pursuits, productive gardens and a variety of ancillary domestic or business-related uses, subject to the relevant consents.

The accommodation extends to approximately 1,652 sq ft and includes two generous reception rooms, a kitchen, utility area, downstairs toilet and separate shower, three bedrooms and a family bathroom. The existing layout offers considerable scope for reconfiguration and enhancement, subject to any necessary consents.

Of particular note are the extensive gardens, grounds and detached outbuilding (positioned adjacent to the property's front boundary wall), which provide a rare sense of space and privacy within the village. The overall plot may also be of interest to purchasers considering alternative schemes of extension, redevelopment or wider change, subject to obtaining all necessary planning permissions.

The plan forming part of the particulars is for illustrative purposes only. Interested parties should refer to the plans in the legal pack.

Location
Red House Cottage occupies a desirable position within the heart of Wateringbury, a picturesque and highly regarded Kent village nestled within the Medway Valley. The village offers an appealing blend of rural character and everyday convenience, with local amenities including a village store, public houses, primary school and railway station. Regular bus services connect the village to surrounding centres including Maidstone and Tonbridge.

West Malling (approximately 4 miles) is renowned for its vibrant high street, offering an excellent selection of boutiques, restaurants and cafs, while Maidstone (approximately 5 miles) provides extensive shopping, leisure and professional services. Maidstone Hospital is also situated within approximately 5 miles of the property.

The area is exceptionally well connected, with Wateringbury station offering rail services to Tonbridge and onward connections to London, whilst the M20 motorway is readily accessible for journeys to London, the Channel ports and Gatwick Airport.

Surrounded by attractive Kent countryside, the area offers a wealth of recreational opportunities together with access to a number of highly regarded schools well connected by public transport. The combination of village charm, strong transport links and attractive surroundings underpins Wateringbury's enduring appeal to families, professionals and commuters alike.

Occupancy
Vacant

Tenure
Freehold

The buyers fee is including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.

Auction Details
The sale of this property will take place on the stated date by way of and is being sold as Unconditional.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to the Common Auction Conditions and Extra General Conditions.

Auctioneer Fees and Deposit
The following deposits and non-refundable auctioneer fees apply:

• 10% deposit, subject to a minimum of £5,000. The deposit contributes to the purchase price.
• Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the Knight Frank Auctions website.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.