1-bedroom flat · ME14 1FG
Sold STCListed 158 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Louis & Co are delighted to bring to the market this spacious one bedroom apartment located on this sought after & centrally located development.
The property is beautifully presented throughout & offers an open plan lounge/kitchen, one good size bedroom and family bathroom.
The property is well placed for all amenities, including Mainline train stations and Maidstone town centre.
Accommodation comprises: Entrance hall: With light oak laminate flooring Lounge/dining room with open plan kitchen: With wall and floor mounted kitchen units with integrated fridge freezer, washer/dryer, electric cooker, hob and extractor, light oak laminate flooring, French windows to Juliet balcony, utility cupboard with water tank Double bedroom: With built in double mirrored wardrobe, carpet to floor, French windows to Juliet balcony Bathroom: With shower over bath, wc and washbasin, part tiled walls, tiled floor The property is offered with a share of the freehold with the remainder of a 999 year lease from 2018 and a peppercorn ground rent.
We have been that the most recent Service Charge is £1,319.86 per year The insurance is £281.38 per year in addition to the above, payable to the management company.
Should the property be tenanted there would be another £100 per year levy chargeable by the management company.
Council Tax Band: C Location This apartment is located in a gated development off Church Street close to Maidstone town centre with its range of amenities, pubs and restaurants and a short distance from Maidstone East railway station.
Value & comps
No previous sales on record.
Returns
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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 6 Mainy House Church Street, Maidstone
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