171, Kingfisher Meadow, Maidstone, ME16 8RD

Location

Great Investment opportunity. Sibley Pares are pleased to offer this well presented one bedroom first floor apartment available with the tenant in situ or vacant possession. The property is currently achieving a rent of £850pcm, which coupled with the asking price of £145,000 generates a rental yield of 7%.

This spacious property comprises of entrance hall, lounge, modern fitted kitchen with integrated appliances, double bedroom with fitted wardrobes and family bathroom. The property has electric storage heating through and has the added benefit of an allocated parking space.

Lease Details:
Ground rent: £250 per annum
Service Charge: £1572 per annum (£131pcm)
Lease length 125 years from 31/08/2005 (approx 106 years remaining).

This development is very well situated and is within walking distance to local amenities, including Maidstone West Railway Station which offers the High Speed Rail Link to St Pancras and Maidstone East Station is also close by offering the mainline service to London Victoria.

The town centre is just a five minute walk across the river with its three shopping centres, pubs, clubs and restaurants.

Summary

Key points

• One Bedroom First Floor Apartment
• Allocated Parking Space
• Sought After Location
• Fitted Kitchen
• Spacious Apartment
• Close to Town Centre
• EPC Rating C
• Council Tax Band C
• Maidstone Borough Council
• For Broadband Speed Refer to the Ofcom Website

Contact

Sibley Pares Chartered Surveyors
Tel: 01622 673086
Mitchell Bourner
mitchell.bourner@sibleypares.co.uk
www.sibleypares.co.uk

EPC