2-bedroom flat · ME14 1ER
For saleListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** an exceptionally well presented two bedroom retirement apartment situated within walking distance of maidstone town centre ** Page & Wells are delighted to bring to the market this large two bedroom third floor retirement apartment, offered in pristine condition throughout.
The property features two good sized bedrooms, a spacious lounge/diner, modern kitchen and shower room.
The development itself benefits from a communal lounge, communal laundry facilities and an on-site manager. The property is well-placed for all local amenities. An internal viewing is recommended.
Contact page & wells King Street Office on . Tenure: Leasehold. EPC Rating: D. Council Tax Band: D.
Key Features • Two bedrooms • Modern kitchen • Pleasant communal gardens • Spacious lounge/diner Accommodation Communal Entrance Hall Third Floor: Entrance door to ...
Entrance Hall Lounge/Diner Kitchen Bedroom One Bedroom Two Shower Room Externally Friars Court has well maintained communal gardens for the enjoyment of the residents.
Agents' Note The apartment is subject to an age restriction that residents must be 60-years or over. Lease Details 125-year lease from 1988. Ground rent approx £300.00 half yearly.
Service charge approx £2,675.00 half yearly. 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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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 Flat 47, Friars Court, Queen Anne Road, Maidstone
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