2-bedroom flat · ME19 4UD
For saleListed 349 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** chain free *** shared ownership 40% share - £110,000*** This well presented 2 bedroom apartment is situated in the ever popular Kings Hill development.
Within a close proximity, you have everything you need on your door step, with Aldi and Valley Invicta primary school a stone throw away, and only a 5 minute walk from the main square, you could be more conveniently located.
The property is situated on the 2nd floor, and comprises of 2 bedrooms, Lounge/Kitchen/Diner area, family bathroom and generous sized hallway. In the main bedroom, there is also fitted wardrobes.
Externally there is a key fob entry system and an allocated parking space. Call now to view!
**100% Ownership is available, at £275,000** Additional Information Leasehold 999 Year lease from 2020 Service charge (including kings hill estate management charge) - £71.68 pcm Rent for the remaining share - £438.61 pcm Built in 2020 Housing association is Clarion Council Tax Band - D EPC Rating - tbc Local Information For Kings Hill Kings Hill is a modern, "American-style concept village" situated in the heart of Kent that entwines quality of life, convenience and charm to create one of the most desirable places to live and bring up a family in England.
Nestled amongst attractive, landscaped gardens and protected woodland areas the Management team at Kings Hill provides landscaping and maintenance for the local residents, which means that the area is safe, clean and consistently maintained to a high standard.
Kings Hill offers excellent commuting facilities with easy access to the M20, a regular bus service to the nearby towns of Tonbridge, Maidstone and West Malling, as well as a direct bus service to West Malling station, where trains run to London Victoria, Charing Cross and Ashford International.
The station is less than 1 mile away. Kings Hill has its own toddlers group, a pre-school nursery, 3 highly coveted primary schools and various clubs.
The range of sports and leisure facilities are excellent.
It includes shops, eateries, 18-hole pga championship golf course, David Lloyd health club, sports park, community centre, numerous play parks and much more.
Two miles away is the beautiful town of West Malling and all within ten miles are Royal Tunbridge Wells, Maidstone, Tonbridge and Paddock Wood.
Staying closer to home Kings Hill offers Liberty Square - the hub of the village, where there is Asda, Aldi and Waitrose supermarkets, eateries and further amenities (such as hairdressers, pharmacy, doctors, dentist and much more) can be found.
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 1, Flat 15, Nottingham Drive, Kings Hill
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