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See how verdicts work2-bedroom flat · ME14 5QD
Sold STCListed 72 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** an exceptionally well-presented two bedroom first floor maisonette with own rear garden and garage accessed directly from the garden, situated in A most sought-after position on the ever-popular vinters park development ** Page & Wells are delighted to bring to the market this purpose-built maisonette, which has been significantly improved by the current owner in recent years.
With the added benefit of an extended lease term, the property offers a spacious lounge/diner, principal bedroom with access to private balcony, further bedroom and a modern kitchen and bathroom suite.
The consumer unit has been updated and there has been a recent boiler service. Furthermore, there is a private garden to the rear with a personal door providing access to the garage.
In our opinion, this property would make an ideal first time purchase. An internal viewing is recommended. Contact page & wells King Street Office on . Tenure: Leasehold. EPC Rating: D.
Council Tax Band: B.
Key Features • Extended lease • Two bedrooms • Balcony • Direct access to garage from garden • Modern kitchen & bathroom • On-road permit parking Accommodation Entrance Hall Staircase to first floor.
Lounge (5.82m x 3.61m maximum (19'1 x 11'10 maximum)) Modern Kitchen (3.30m x 2.41m (10'10 x 7'11)) Bedroom (4.09m x 4.01m (13'5 x 13'2)) Access to balcony Bedroom (3.30m x 2.74m (10'10 x 9')) Bathroom Externally The property benefits from its own private rear garden with direct access to the garage.
Lease Details We understand that there are approximately 121 years remaining on the current lease. Current annual ground rent: £175.00.
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
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FAQ
About 59, Northfleet Close, Maidstone
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