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10 bedroom end of terrace house for sale

Parrock Street, Gravesend, Kent, DA12

Sold STC £695,000

Property Description

Key features

  • Development Oppourtunity
  • Period Building
  • No Forward Chain
  • Situated Within Heart Of Town Centre
  • Walking Distance To Train Station

Full description

Tenure: Freehold

NO FORWARD CHAIN!!! A unique opportunity to PURCHASE A PERIOD BUILDING in the heart of GRAVESEND TOWN CENTRE. FREEHOLD!!! The building currently consists of THREE two bedroom apartments with TWO ENSUITES in each. With fitted kitchen/dining/living rooms. These are all currently tenanted. With POTENTIAL for DEVELOPMENT for a further TWO LARGE APARTMENTS that are currently office space on GROUND and LOWER GROUND FLOOR. Consisting of another two, two bedroom apartments. Plans have been prepared and an application submitted for permitted development rights. The building is a stone’s throw away from Gravesend train station with links into EBBSFLEET INTERNATIONAL STATION. For further details please call to make an internal viewing

Key Terms
The property sale will benefit from lower rates of Stamp Duty which apply to mixed use buildings.

Gravesend is sought-after by families looking for high-calibre education. As well as a number of private schools, including Gads Hill, Bronte and Cobham Hall, there is the duo of well-respected grammar schools – Gravesend Grammar for Boys and Gravesend Grammar for Girls. The choice of primary schools is extensive and further education is provided in the shape of Northwest Kent College, The University of Greenwich and Mid. Kent College. There is an excellent rail service for commuters to London with the high-speed train into London St. Pancras in 22 minutes, Stratford in 17 minutes, and from Ebbsfleet to Paris in 2 hours.

Owners Comment
Rentals Incomes Expected:-

Third floor Flat is currently let on an AST expiring 26/03/18 at £725 pcm (£8,700 pa)

The second floor flat is let on an AST expiring 5/7/17 at £825 pcm ((£9,900pa)

The first floor flat is let on an AST expiring on 10th April 2018 at £775 pcm) £9,300 p.a.
Copies of AST may be made available to interested parties .

There are no long term leases prepared for any part of the building and therefore a buyer would need to prepare leases if he intended to sell the apartments .

More information from this agent

Listing History

Added on Rightmove:
21 January 2017

Map & Street View

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