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Lower Boxley Road, Maidstone 6 bed terraced house for sale
Lower Boxley Road, Maidstone
£550,000
Lower Boxley Road, Maidstone
£550,000
Our Summary
- An exceptional investment opportunity in a prime location, this freehold property comprises six well-proportioned rooms, each featuring a kitchenette
- Key features include:Strong rental yield with AST tenants in placeFormer 8-bed hotel with potential for further redevelopment or refurbishment (subject to planning)Freehold ownership for maximum control and securityThis represents a fantastic opportunity for buy-to-let investors or developers looking to expand their portfolio in a sought-after area
Description
This exceptional investment property in a prime location offers six well-proportioned rooms, each with a kitchenette, previously operating as an 8-bedroom hotel. Currently let on Assured Shorthold Tenancy 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, and benefits from strong rental yield, freehold ownership, and potential for further redevelopment or refurbishment subject to planning. This represents a fantastic opportunity for buy-to-let investors or developers looking to expand their portfolio in a sought-after area.