01622 763322
enquiries@thecolesgroup.co.uk
The Alms Houses, 76 King Street
Maidstone ME14 1BH
01622 843453
enquiries@thecolesgroup.co.uk
Sutton Valence Office,
Maidstone, Kent,
ME17 3ED
Offers in the region of £100,000
Springvale, Maidstone, Kent ME16 0AZ
  •  Swallow House
  •  Swallow House
  •  Swallow House
  •  Swallow House
  •  Swallow House

Property Description

PERFECT INVESTMENT OPPORTUNITY FOR ANY BUY-TO-LET LANDLORDS. Coles Group are delighted to offer this spacious top floor studio apartment situated in a popular development of Springvale, in the heart of Maidstone. It benefits from well-maintained communal grounds and a residents permit parking scheme making it a popular development in the rental market. This well located flat is situated within walking distance of both Maidstone West, East and Barracks railway stations as well as the town centre too.

The current tenant has been in the property for 4 years and is currently paying £535pcm in rent giving it a gross yield of over 6.1% per annum at present. The property will undergo a complete repair/redecoration prior to completion.

Lease - 99 years from 25 March 1988
Service charge - £100 per month
Ground rent - £200 per annum

Entrance Hall

Carpet as laid, built-in storage cupboard housing wall mounted electric storage heater.

Living Area (4.57mx4.27m)

Carpet as laid and electric storage heater. Double glazed window to front.

Kitchen (1.57m x2.13m)

Fitted wall and base units with integrated hob, oven and cooker hood. Double glazed window to side aspect.

Bathroom (1.83m x 1.83m)

Three piece suite consisting of low-level WC, wash basin and bath. Double glazed window to side.

Disclaimer

All dimensions are approximate and any floor plans are for guidance purposes only. References to appliances and/or services does not imply that they are necessarily in working order. Whilst we endeavour to make our sales particulars as accurate as possible, all interested parties must themselves verify their accuracy.

Property Location

EPC

EPC Graph for Springvale, Maidstone