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See how verdicts work2-bedroom flat · ME15 6ZE
For saleListed 144 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented first floor two bedroom apartment with lift access, set in the heart of loose Situated within a popular residential setting in Loose, this well-presented two-bedroom first-floor apartment offers bright and practical accommodation.
Ideal for first-time buyers, downsizers or investors, the property is ready to move into and occupies a modern apartment building benefiting from both lift and stair access, front and rear entrances, a communal garden, bike store and bin store.
The accommodation is arranged around a central entrance hall and comprises a spacious open-plan lounge/kitchen measuring over 21ft in length, creating an excellent sociable living space.
There are two well-proportioned double bedrooms, together with a family bathroom and a useful storage cupboard.
The property also benefits from an allocated parking space within a private residents' car park, with additional on-road parking available nearby.
Melrose Close enjoys an excellent location within the village.
To one side is the ymca, where residents may benefit from reduced gym membership rates, together with a bridle path leading into the beautiful Loose Valley Conservation Area, renowned for its woodland walks, streams and wildlife.
To the other side, a footpath provides convenient access to Loose Road, where a range of everyday amenities can be found including a Sainsbury's Local, pharmacy, public houses and frequent bus services into Maidstone town centre.
Combining convenience, comfortable living and a sought-after village location, this first-floor apartment would make an excellent first home, investment purchase or downsizing opportunity.
Contact the Page & Wells Loose Office today to arrange your viewing.
Entrance Hall Lounge/Kitchen (6.44m x 3.84m (21'1" x 12'7")) Bedroom 1 (3.62m x 3.06m (11'10" x 10'0")) Bedroom 2 (3.62m x 2.96m (11'10" x 9'8")) Bathroom
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 42, Melrose Close, Maidstone
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