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    Key features

    • To be offered on Tuesday 27 January
    • Substantial freehold block
    • 11 Self-contained flats
    • Situated on a plot of approximately 0.88 Hectares (2.16 Acres)
    • Grade II listed
    • Total GIA approximately 8,599 sq feet (798.85 sq metres)
    • Currently arranged as (7 x studios and 4 x one bedrooms flats)
    • Conveniently located for the amenities of Gravesend
    • Part investment let at £33,395.16 per annum
    • RICS valuer ERV after refurbishment works - £164,880 pa (not including the derelict buildings)
    • Six week completion

    Description

    A four storey detached building currently arranged as 11 self-contained flats.

    Situated on a plot of approximately 0.88 Hectares (2.16 Acres).

    Currently arranged as (7 x studios and 4 x one bedrooms flats).

    Additional information

    Tenure

    Freehold

    Accommodation

    7 x studios and 4 x one bedrooms flats

    Tenancy

    Flat 3 Assured tenant £605.82 pcm

    Flat 8 AST £829.56 pcm

    Flat 10 Assured tenant £604.92 pcm                                         

    Flat 11 AST £742.63 pcm                    

    Planning

    Planning permission was granted in 2004 (ref: 20040706) for Listed Building Consent for internal and external alterations to the existing nunnery; erection of an extension on the north-western elevation; complete removal of the existing roof and replacement with new pitched roof and replacement of existing entrance screen linking to the main building, in connection with the proposed conversion of the nunnery into 2 self-contained one bedroom flats, taking the total number of units on site to 13.

    Rent

    Total current rent - £33,395.16 per annum

    Notes

    Please note there are derelict buildings to the rear which may have development potential (subject to requisite consents). RICS valuer ERV after refurbishment works - £164,880 pa (not including the derelict buildings).

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      Accommodation / Tenancy Schedule

      Local information

      The property is in a attractive and highly sought-after location set along Forge Lane in the picturesque village of Shorne, Gravesend. s. The area benefits from low flood risk, good access to local amenities, and proximity to well-rated schools, including Shorne Church of England Primary School just a short walk away. Higham railway station lies approximately 1.6 miles away, providing useful transport links.

      Transport

      National Rail - Gravesend 

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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