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See how verdicts work1-bedroom flat
For saleListed 1 day
Opportunity summary
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About
** extended lease ** no forward chain ** ground floor corner position ** one bedroom retirement apartment ** complex for the over 60’s ** This most sought after retirement apartment offers a spacious living room, kitchen, shower room and double bedroom.
There is a telephone entry and alert call system, which is remotely monitored outside of the manager’s working hours.
The immaculately maintained communal gardens are a distinct feature of the development and must be viewed to be appreciated.
The complex is within walking distance of the town centre where an extensive range of amenities can be found. An internal viewing is highly recommended. Contact page & wells King Street Office .
Tenure: Leasehold. EPC Rating: D. Council Tax Band: B. Location Situated within a secure retirement complex for the over 60's, within walking distance of Maidstone town centre.
Key Features • Extended lease • 24-hour emergency pull-cord system • On-site manager • Laundry room • Residents lounge • Bookable guest suite • Sought after ground floor corner position • Well maintained communal gardens Accommodation Entrance Hall Lounge (3.86m x 3.05m (12'8 x 10')) Kitchen (2.57m x 1.91m (8'5 x 6'3)) Bedroom (3.07m x 2.79m (10'1 x 9'2)) Shower Room Externally The immaculately maintained communal gardens are a distinct feature of this development.
Lease Details We understand that the lease was extended in March 2020 and there are approximately 148 years remaining. Annual service charge is approximately £3,078.65.
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
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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 Union Street, Maidstone
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