01622 763322
enquiries@thecolesgroup.co.uk
Coles Group, The Estate Office,
Roundoak, Heniker Lane,
Maidstone, ME17 3ED
01622 843453
enquiries@thecolesgroup.co.uk
Sutton Valence Office,
Maidstone, Kent,
ME17 3ED
Asking Price £138,500
Mote Road, Maidstone, Kent ME15 6EP
  • Mote Road
  • Mote Road
  • Mote Road
  • Mote Road
  • Mote Road

Property Description

** THIS PROPERTY WILL HAVE A NEW KITCHEN AND BATHROOM AND BE REDECORATED PRIOR TO COMPLETION **

** £2000 CASH INCENTIVE ON COMPLETION **

Coles Group are excited to offer this CHAIN FREE, first floor flat with off road parking in the heart of Maidstone town centre. As you step into the flat, you’ll be amazed with the amount of space it has to offer - with its open plan lounge and kitchen (which the vendor is willing to upgrade for a small cost) with all of the appliances making it perfect for entertaining. It even has its own entrance!

Situated in the heart of Maidstone, it’s within easy walking distance to Maidstone town centre, mainline train station and award-winning Mote Park, making it a commuters paradise.

For investors, this flat could achieve between 6% and 7% (if achieving around £725pcm) which is a rarity to find in today’s current market and it makes an excellent flat to let out due to its central location and generous size. It has also got low maintenance charges compared to other leasehold properties available. Previously it has been a very popular flat to let for many years and we are sure it will continue to be!

Not only, does it have a good yield, with parking in Maidstone costing a premium, you could also earn approximately £1200 per year just from renting the spot!

A more detailed description is as follows:

Lounge (3.89m x 2.74m)

Kitchen (2.44m x 2.13m)

Fitted kitchen with base and wall units. Integrated cooker, hob and cooker hood and freestanding fridge freezer and washing machine.

Bathroom (2.44m x 0.97m)

Consists of a shower cubicle, WC and basin.

Bedroom (3.35m x 2.44m)

Double bedroom to the front

Additional Information:

Off road parking
Double glazed
Own entrance
Gas central heating
Good condition throughout

Leasehold Information:

99 year lease from date of completion
£350 per annum maintenance charge

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