2 bedroom flat for sale

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2 bedroom flat for sale

St. Peters Street, Maidstone, Kent, ME16
£180,000

Price History

Initial price £190,000
08/11/24 £180,000
Price Change -5.26%

Description

This charming two-bedroom apartment is a fantastic investment opportunity, currently generating £1400 per month in rental income. Located in a convenient spot near local amenities and scenic river walks, the property features a welcoming entrance hall, lounge/diner, and kitchen, as well as two bedrooms and a family bathroom. With a leasehold tenure of 99 years from 2003 and a ground rent of £175 per annum, this property offers a great chance for investors to capitalize on its existing rental income and potential for future growth. The existing tenant is in situ, making it an attractive option for those looking to minimize vacancy periods and maximize returns.