2-bedroom flat · ME15 7SE
For saleReduced £40k (−21.1%) on 28 SepListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bright and well-presented two-bedroom top-floor apartment, offered with no onward chain and benefiting from a private balcony, allocated parking space and the rare advantage of its own garage.
The property features a spacious entrance hall leading to a light-filled living room with large windows providing plenty of natural daylight.
The well-appointed kitchen offers a practical range of wall and base units, ideal for everyday living.
There are two well-proportioned bedrooms, providing flexibility for guests, home working or additional storage, alongside a family bathroom. The property also benefits from double glazing throughout.
Externally, the private balcony enjoys impressive views, creating an ideal space to relax or work from home.
The allocated parking space and private garage provide excellent parking and storage options.
Ideally located close to Maidstone town centre, the property is within easy reach of The Mall Maidstone, Fremlin Walk, a wide selection of restaurants, cafés and everyday amenities.
For those who enjoy outdoor pursuits, Mote Park and the nearby water sports centre are also close by.
An excellent opportunity for first-time buyers, professionals or investors seeking a well-located apartment with the added benefits of a balcony, garage and allocated parking.
Entrance Hall (6' 8" x 5' 11" (2.03m x 1.8m)) Lounge (16' 10" x 10' 10" (5.13m x 3.3m)) Balcony (4' 11" x 3' 1" (1.5m x 0.94m)) Kitchen (9' 0" x 8' 4" (2.74m x 2.54m)) Bedroom 1 (13' 11" x 8' 4" (4.24m x 2.54m)) Bedroom 2 (10' 8" x 6' 8" (3.25m x 2.03m)) Bathroom (8' 4" x 6' 3" (2.54m x 1.9m))
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 16, River Bank Close, Kent
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