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2 bed Flat For Sale £155,000
Pine Lodge, Tonbridge Road, Maidstone ME16


Description
Guide Price £155,000 - £165,000. This lovely two bedroom ground floor apartment has 120 years remaining on the lease. It is situated in an excellent location within one mile of Maidstone town centre with easy access to transport links and a range of local amenities. The property currently has tenants in situ but can be offered with vacant possession if required. The tenants are currently paying £750pcm but there is potential to increase the rent to £800 - £850pcm giving a yield in the region of 6%.The spacious accommodation is well presented throughout and comprises a welcoming porch and entrance hallway, both with useful storage cupboards. The generous living room has a patio door with direct access out to the communal gardens. The modern fitted kitchen has a range of black wall mounted and base storage units. There is a freestanding cooker, an extractor hood, a washing machine and space for a fridge/freezer. The apartment has two double bedrooms, one with built in wardrobes and a shower room. Pine lodge is an exclusive development of apartments all built around a substantial communal garden to be enjoyed by all the residents. Each apartment has permit parking for one car and there is additional visitor parking available. The property is offered for sale with no onward chain.
Floorplan

Council Tax
To check the Council Tax for this property, please refer to .
Local Authority
Maidstone Borough Council . Kent County Council Services
Gas central heating, mains water, drainage and electricity.
Method of Sale
This property is Leasehold and is offered for sale with vacant possession upon completion. We are advised that there are 120 years remaining on the lease. Ground rent will apply. Ground rent and service charges will apply. These are approximately £100 and £600 respectively per annum.
Location
Pine Lodge is situated in an excellent location off the Tonbridge Road, just a mile from Maidstone town centre which is ranked in the top five shopping centres in the south east of England and with more than one million square feet of retail floor space, in the top 50 in the UK. Much of this space is provided by the two main shopping centres in the town; The Mall and Fremlin Walk, which opened in 2006. Other recent developments include the riverside Lockmeadow Centre, which includes a multiplex cinema and a selection of restaurants as well as the town's market. The town centre also includes a bowling alley and a number of pubs, clubs and restaurants. Local train services in Maidstone are operated by South Eastern rail. Maidstone East, Maidstone West and Maidstone Barracks are the three stations in the central area of Maidstone. The Maidstone East Line runs between Ashford to London Victoria. Maidstone West has four High Speed Rail Link trains run each way per day operating between Maidstone West and St Pancras via Strood and Gravesend. Trains from here also run to Paddock Wood.

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