Studio Flat For Sale £135,000
**Ideal Investment Opportunity**
This is a beautiful Victorian building which has been recently converted into this modern and fully refurbished, ground floor studio apartment. This stunning studio is located on College Road is one of the most elegant roads in Maidstone. The property is situated a short walk from the River Medway, Maidstone Town Centre, local supermarket and cinema. As well as being close to both Maidstone East and West train stations and 7 minute drive to the M20.
With a security entry system on arrival, the property offers open plan living with an attractive bay window to the front, a kitchen area with integrated oven and hob and a separate shower room. There is also the luxury of a parking space and no onward chain.
This property is current let, and in contract until January 2023. The tenant is paying £700 pcm giving a yield calculation of over 6%. The tenant has been fully referenced and deposit held within the TDS.
A More Detailed Description:
Main entrance
Entrance hall
Porch 3' 7" x 2' 8" (1.11m x 0.83m)
open plan living/bedroom 16' 7" x 11' 4" (5.06m x 3.46m)
kitchen area 6' 6" x 5' 6" (2.00m x 1.69m)
shower room 6' 6" x 5' 1" (1.99m x 1.55m)
parking space
Lease Information:
Ground Rent £150 per annum
Service Charge: £880 per annum at present
Lease issued : Term 99 years from 3rd August 2007
Council tax band A
This is a beautiful Victorian building which has been recently converted into this modern and fully refurbished, ground floor studio apartment. This stunning studio is located on College Road is one of the most elegant roads in Maidstone. The property is situated a short walk from the River Medway, Maidstone Town Centre, local supermarket and cinema. As well as being close to both Maidstone East and West train stations and 7 minute drive to the M20.
With a security entry system on arrival, the property offers open plan living with an attractive bay window to the front, a kitchen area with integrated oven and hob and a separate shower room. There is also the luxury of a parking space and no onward chain.
This property is current let, and in contract until January 2023. The tenant is paying £700 pcm giving a yield calculation of over 6%. The tenant has been fully referenced and deposit held within the TDS.
A More Detailed Description:
Main entrance
Entrance hall
Porch 3' 7" x 2' 8" (1.11m x 0.83m)
open plan living/bedroom 16' 7" x 11' 4" (5.06m x 3.46m)
kitchen area 6' 6" x 5' 6" (2.00m x 1.69m)
shower room 6' 6" x 5' 1" (1.99m x 1.55m)
parking space
Lease Information:
Ground Rent £150 per annum
Service Charge: £880 per annum at present
Lease issued : Term 99 years from 3rd August 2007
Council tax band A