Union Street, Maidstone, Kent, ME14 1ED

Flat in Maidstone, 19 bedroom(s), 0 bathroom(s). Located in ME14 1ED. For sale: £3,000,000. An exceptional opportunity to acquire a substantial C3 residential investment property comprising 18 fully functional and furnished studio apartments, together with a one-bedroom apartment situated on the pent floor. The property provides 19 residential units in total, offering an attractive proposition for investors seeking a sizeable multi-unit residential asset with the potential to generate diversified rental income from a single property. . INVESTMENT OPPORTUNITY Union Street offers an attractive opportunity for an investor looking to acquire a ready-to-operate, furnished multi-unit residential property. The property’s configuration of 18 studio apartments and a one-bedroom pent-floor apartment provides the potential for multiple income streams and diversification of rental exposure. The fact that the accommodation is already furnished may provide a purchaser with the opportunity to reduce the initial capital expenditure normally associated with furnishing and preparing multiple residential units for occupation, subject to the purchaser’s intended strategy and the terms of the sale. The property could appeal to private investors, property companies, residential landlords, investment funds and experienced multi-unit property operators. LOCATION – MAIDSTONE, KENT The property is situated on Union Street, Maidstone, providing convenient access to the town centre and the wide range of shopping, leisure, employment, educational and transport facilities available within Maidstone. Maidstone is the county town of Kent and benefits from strong connectivity to the wider Kent region and London, supporting continued demand for residential accommodation. ACCOMMODATION SUMMARY Accommodation Number Furnished Studio Apartments 18 One-Bedroom Pent-Floor Apartment 1 Total Residential Units 19 AN ATTRACTIVE INVESTMENT PROPOSITION This is an opportunity to acquire a substantial furnished residential asset with 19 individual accommodation units in an established Kent location. The combination of: C3 residential use + 18 furnished studios + 1-bedroom pent-floor apartment + 19 units in total makes Union Street an interesting proposition for investors seeking scale, rental diversification and an established multi-unit residential asset. FURTHER INFORMATION & VIEWINGS Further information can be made available to serious prospective purchasers, including floor plans, accommodation schedules, rental information, tenancy details, planning documentation and relevant property information, subject to appropriate confidentiality arrangements. Viewings are strictly by appointment. Prospective purchasers are advised to make their own independent enquiries and obtain appropriate professional advice regarding planning/use class, licensing, building regulations, fire safety, tenancy arrangements, measurements, rental income and all other matters relating to the property. The property is offered for sale subject to contract and the necessary legal and statutory requirements.

Price: £3,000,000.00

Location: Maidstone, ME14 1ED

Published by John Milne on OmniList.