2-bedroom flat · ME16 8TT
For saleListed 403 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
APARTMENT SUMMARY: A two bedroom apartment offered with no forward chain.
Located in the popular Barming area is ideally placed for all local amenities including supermarkets, restaurants, pubs and coffee shops.
Maidstone Town centre is under a mile away with railway access to London and Ashford.
There are a number of educational facilities in the area, good bus routes and easy access to the M20 motorway which is approximately two miles away. Offered with no forward chain.
ACCOMMODATION APARTMENT ENTRANCE: Secure entry phone. Communal entrance hall. ENTRANCE HALL: Two built-in storage cupboards. RECEPTION ROOM: Door to balcony. Open to study area. KITCHEN: Inset sink.
Oven and hob. Space for appliances. MAIN BEDROOM: Front facing. EN-SUITE SHOWER ROOM: Shower cubicle. W.C. Wash hand basin. BEDROOM TWO: Front facing. BATHROOM: Bath. W.C. Wash hand basin.
PARKING: Allocated. AGENTS NOTE: We understand that there is approximately 103 years remaining on the lease.. The property is subject to a yearly ground rent currently set at £100.00.
The current service charge is approximately £1,522.33 per annum.. COUNCIL TAX BAND D.
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
Agent & docs
FAQ
About Tonbridge Road, Maidstone, Kent, ME16
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