1 bed flat for sale

Milton Street, Maidstone, Kent ME16

Guide price £140,000 - £145,000

Located within walking distance of Maidstone town centre, this share of freehold one bedroom top floor flat with own garden, offers an excellent investment opportunity or first time purchase, benefitting from no ground rent or service charges.

The property forms part of a converted period house, blending character features with practical living space.
Positioned on the top floor, the flat provides a sense of privacy and elevated views, while still maintaining convenient access to local amenities, transport links, and shops.

Internally, the accommodation comprises a bright and spacious living area, a fitted kitchen, a double bedroom, and a bathroom. The layout is well proportioned and functional, making it attractive to tenants.

A particular feature of this property is its private garden, a rare benefit for a flat of this type, offering outdoor space for relaxation or entertaining.

Currently let, the flat is sold with tenant in situ at £850 pcm (£10,200 per annum), providing a 7.2% Gross Yield and an immediate rental income stream for investors.

Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.