House · ME15 6LP
Listing removedListed 115 daysAuction 23 Jul · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by auction 23rd July 2026 at 12:00 £350,000 Plus Freehold land with lapsed planning permission for erection of A three-storey block comprising of six new two bedroom apartments Location & Description Situated in the historic county town of Kent.
This area is characterised by a blend of rich history and modern amenities.
Knightrider Street itself lies close to the town centre, making it a convenient spot for access to various services and entertainment options.
The River Medway runs through Maidstone, providing scenic riverside walks and the picturesque Brenchley Gardens for leisurely strolls.
Additionally, the bustling Fremlin Walk shopping centre is within easy reach, offering a variety of retail outlets, cafes, and restaurants.
The area is well-connected by public transport, with Maidstone East and Maidstone West railway stations providing regular services to London and other parts of Kent, making Knightrider Street a well-located and vibrant part of Maidstone.
Note Auction Surveyor: Bryn Nettle Contact: The main photo and first small photo on the right are an architects impression, supplied by vendor, illustrating a potential development design.
(please refer to legal pack).
Planning On 11 Feb 2021, under reference 20/501841/full, Maidstone Borough Council granted planning permission for: "Residential development of existing car park for erection of a three-storey block comprising of 6 new two bedroom apartments." site area: 0.060 acres (242 sqm)
Value & comps
No previous sales on record.
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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 starting price
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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 13, Knightrider Street, Maidstone
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