1-bedroom flat · ME17 4PJ
For saleReduced £10k (−6.7%) on 21 SepListed 74 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No forward chain - Modern Ground Floor Apartment with Allocated Parking Offered to the market with no forward chain, this well-presented one-bedroom ground floor apartment is ideally situated in the heart of Coxheath, within easy reach of local shops, amenities and excellent transport links.
The property offers bright and well-planned accommodation throughout, featuring a spacious lounge/diner, a generous double bedroom, a modern fitted kitchen with integrated appliances, and a well-appointed shower room with walk in shower.
Further benefits include double glazing, gas-fired central heating, a secure entry phone system, and an allocated parking space, making this an ideal purchase for first-time buyers, downsizers or buy-to-let investors.
Accommodation comprises: • Entrance hall with secure entry phone system • Spacious lounge/diner • Double bedroom • Modern fitted kitchen with integrated oven, gas hob, extractor, fridge, freezer and washing machine • Contemporary shower room with walk in shower The property benefits from one allocated parking space.
Lease Information • Approximately 104 years remaining (125-year lease from 2005) • Service Charge: Approximately £2,515 per annum • Ground Rent: Approximately £150 per annum • Buildings Insurance: Approximately £100 per annum "Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead."
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 2, Mace Court, Maidstone
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