Chatham's abandoned luxury housing estate, The Hamiltons, sells for nearly £2.4 million at auction8/6/2021
An unfinished development of 'luxurious contemporary styled' homes overlooking Chatham has been sold at auction. The Hamiltons, a private gated estate of 16 four-bed houses in Upper Luton Road, was purchased by an unknown bidder for £2,357,000 - more than double its £1.1 million guide price. Of the 16 houses, only three were ever fully completed and sold, with the rest either mostly complete or built to bare blockwork and concrete internals. AMG Chatham Ltd, the Kent-based property firm behind the development, fell into administration in June 2019, bringing construction work to a halt. Planning permission for The Hamiltons was first granted by Medway Council in 2015. A glimpse of hope surfaced when an initial strategy was drawn up by the administrators Smith & Williamson to complete all the outstanding work and then sell the houses. However, an independent assessment on behalf of the administrators early last year revealed a number of unexpected "serious concerns" about the work already completed and additional work required, according to a report. This prevented any further work other than urgent jobs to be carried out, while the three occupied houses were vacated and taken back into the control of the administrators in the meantime. The Hamiltons was earmarked by AMG Chatham Ltd at the time to be a "remarkable" gated development that is "uniquely designed to maximise the amazing views over the Kentish countryside".
Each home was designed by JAA Architects to feature separate terraces at the first and second floors, as well as a fully accessible rooftop terrace providing panorama views across Chatham. The completed four-bed houses were also fitted with triple glazed windows, wired alarm systems and optional high efficiency under floor heating. In 2017, The Hamiltons scheme was shortlisted for the 'Best New Build' category in the Built Environment Awards. BidX1 hosted the online auction for the unfinished development at the end of last month on behalf of the administrators. It is not yet known when construction work will restart. Comments are closed.
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