Mote Road, Maidstone, Kent ME15 6EP
** £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 brand new kitchen 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 is currently achieving a yield between 6% and 7% as there are current tenants in situe paying £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, it's bound to get snapped up quickly.
It's been refurbished to an exceptionally high standard and we highly recommend a viewing ASAP!
Please note there are currently tenants living in this property.
A more detailed description is as follows:
Lounge (3.89m x 2.74m)
Kitchen (2.44m x 2.13m)
Brand new modern kitchen with base and wall units. Integrated cooker, hob and cooker hood and space for a 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
Off road parking
Gas central heating
Newly refurbished to a high standard
Brand new kitchen
99 year lease from date of completion
£350+VAT per annum maintenance charge
£50 per annum ground rent
Buildings insurance approx £174.20 per annum (subject to change)
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.