Holbrook House, 72 Bank Street... 6 bed block of apartments for sale

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Holbrook House, 72 Bank Street... 6 bed block of apartments for sale

Holbrook House, 72 Bank Street, Maidstone, Kent, ME14 1SN
£100,000

Our Summary

  • Guide Price = £100,000-£125,000*For Sale By Online PublicAuction 10th September 2025 09:30 AM
  • To inspect the legal documents for this property go to our website to download the legal pack*A Mid Terrace Building Offered With Planning Permission for the Erection of a Five Bedroom HMO to the Rear
  • There May be Further Potential for a Roof Development (Subject to Obtaining all Relevant Consents)TenureFreeholdLocationThe property is situated on a mixed use road close to Fremlin Walk Shopping Centre
  • NotePlanningMaidstone Borough Council granted the following planning permission (ref: 25/500095/FULL) on 30th April 2025 : 'Demolition of existing brick enclosure and erection of a 4 storey building to accommodate a 5no

Description

This mid-terrace building is being sold by online public auction on September 10, 2025, with a guide price of £100,000-£125,000. The property currently provides two ground floor commercial units and six flats on the upper floors, which are all sold off, producing an annual income of £1,500. The building has recently been granted planning permission to erect a five-bedroom HMO to the rear, subject to obtaining all relevant consents. The property is located on a mixed-use road near Fremlin Walk Shopping Centre and Brenchley Gardens, with transport links provided by Maidstone West rail station and the A249. The freehold property has a unique opportunity for further development, including a potential roof development, making it an attractive investment opportunity.