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See how verdicts work2-bedroom flat · ME15 7UZ
Sold STCListed 173 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** AN EXCEPTIONALLY WELL-PRESENTED TWO BEDROOM FIRST FLOOR APARTMENT SITUATED ON THIS POPULAR RESIDENTIAL DEVELOPMENT, WITHIN WALKING DISTANCE OF MAIDSTONE TOWN CENTRE ** The generous accommodation features two bedrooms, a spacious lounge, kitchen and a modern bathroom.
There is a lengthy lease term still available and there is permit parking in the surrounding area.
The property is well-placed for all local amenities and, in the agent’s opinion, would make an ideal first time purchase. Contact PAGE & WELLS King Street Office on . Tenure: Leasehold. EPC Rating: D.
Council Tax Band: B.
Key Features - • Two bedrooms • Well-presented throughout • Modern bathroom • Communal gardens • Close to town centre Accommodation - Entrance Hall - Lounge - Kitchen - Bedroom - Bedroom - Modern Bathroom - Externally - There is a pleasant communal garden and permit parking is available in the vicinity.
Lease Details - We understand that there are over 120 years remaining on the current lease. Annual service charge approx £1,312.00. Annual ground rent approx £50.00.
Viewing - Viewing strictly by arrangements with the Agent’s Head Office: 52-54 King Street, Maidstone, Kent ME14 1DB. Tel: .
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 Basing Close, Maidstone
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