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£550,0006 bedroom terraced house for sale
Lower Boxley Road, Maidstone
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Terraced house
6 beds
7 baths
EPC rating: C
Key information
Tenure: Freehold
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
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Features and description
- Freehold block of 6 studio flats
- All flats include kitchenettes
- Previously operated as an 8-bed hotel
- Currently tenanted on AST contracts
- Generating approx. £60,000 per annum
- Offered for sale at £550,000
An exceptional investment opportunity in a prime location, this freehold property comprises six well-proportioned rooms, each featuring a kitchenette. Previously operated as an 8-bedroom hotel, the building offers versatile accommodation suited to tenants seeking convenient, self-contained living spaces.
Currently let on Assured Shorthold Tenancy (AST) contracts, the flats generate a steady income of approximately £60,000 per annum, providing a reliable revenue stream for investors. The property is offered for sale at £550,000, reflecting excellent value in the current rental market.
Key features include:
Strong rental yield with AST tenants in place
Former 8-bed hotel with potential for further redevelopment or refurbishment (subject to planning)
Freehold ownership for maximum control and security
This represents a fantastic opportunity for buy-to-let investors or developers looking to expand their portfolio in a sought-after area.
Contact us today to arrange a viewing or to find out more about this prime investment property.
Currently let on Assured Shorthold Tenancy (AST) contracts, the flats generate a steady income of approximately £60,000 per annum, providing a reliable revenue stream for investors. The property is offered for sale at £550,000, reflecting excellent value in the current rental market.
Key features include:
Strong rental yield with AST tenants in place
Former 8-bed hotel with potential for further redevelopment or refurbishment (subject to planning)
Freehold ownership for maximum control and security
This represents a fantastic opportunity for buy-to-let investors or developers looking to expand their portfolio in a sought-after area.
Contact us today to arrange a viewing or to find out more about this prime investment property.
Rooms
Disclaimer
haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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About this agent
Here at haart, we are on a mission to get you moved. We have unique technology that gets your home hundreds more clicks, agents who listen and will negotiate hard on your behalf and you don’t pay us a penny until we succeed. Big Benefits. Being the UK’s largest independent estate agent, our size allows us to invest in the people and technology to get you moved, smart and fast and for more than you might think. No Sale, No Fee. We don’t think you should pay a penny to someone to sell or let your home, unless they actually do. So we don’t charge you until we have. As an agent we are members of the Property Ombudsman and the Association of Residential Letting Agents (ARLA) we adhere to a code of practice to ensure complete honesty and transparency in all our dealings with you.