Overview
Description
Location
Description
An opportunity to acquire a freehold block of 7 self contained residential apartments. The properties are currently vacant but would bring in an expected rent level of approximately £60,600 per annum which would equate to a gross yield of just over 8%.
What use to be the former Swan Pub has been newly converted and is made up of 2 studio apartments, 4 studio maisonettes and a one bedroom apartment with a combined total of 4 parking spaces. Each property comprises a modern fitted with oven and hob and a modern shower room.
The freehold also benefits from a large cellar space, EV charging point and a bike store.
Location
County Road is situated in Maidstone Town Centre, known for its convenience and accessibility to the town centre and Maidstone East rail station (5 minutes walk). Commuters will appreciate the excellent transport links both rail and road with easy access to the M20, providing direct routes to London and other major cities. You will also find a range of local amenities, schools, and parks within easy reach.
Summary
Key points
- Block of 7 Newly Converted Apartments
- 6x Studio Apartments and 1x 1 Bedroom Apartment
- Four Off Road Parking Spaces
- EV Charging Point and Bike Store
- Town Centre Location
- Within Walking Distance of Maidstone East Station
- EPC Ratings C & D
- For Broadband Speed Refer to Ofcom Website
- For Broadband Speed Refer to Ofcom Website
Contact
Sibley Pares Chartered Surveyors
Tel: 01622 673086
Mitchell Bourner
mitchell.bourner@sibleypares.co.uk
www.sibleypares.co.uk
Sibley Pares Chartered Surveyors
Tel: 01622 673086
Marcus Monger
marcus.monger@sibleypares.co.uk
www.sibleypares.co.uk
EPC
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