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SOLD STC

Loose Road, Maidstone, Kent, ME15 7DR

PROPERTY TYPE

House of Multiple Occupation

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • 11 Bedroom HMO
  • Investment Opportunity
  • Freehold Property
  • Viewing Highly Recommended

Description

FOR SALE BY AUCTION: terms and conditions apply.


We are pleased to present this substantial 11-bedroom HMO investment
opportunity, ideally positioned on the Maidstone/Loose borders and offered to the market with
no onward chain.

Occupying a generous plot, the property offers a highly versatile layout arranged to suit large scale shared accommodation, with licences granted through until 2028, making it an attractive
proposition for investors seeking an established and sizeable income-producing asset.

The accommodation comprises 11 bedrooms, supported by three kitchens and three bathrooms,
along with an office space and an expansive loft room, providing flexibility for a range of
operational configurations.

Externally, the property benefits from off-street parking, extensive gardens to the rear, and
ample outdoor space rarely found with properties of this nature. The gardens offer scope for
further enhancement or communal outdoor use, while the overall plot size adds to the long-term
appeal.

The location provides convenient access to Maidstone town centre, local amenities, transport
links, and the surrounding Loose area, making it well placed for tenant demand.
A rare opportunity to acquire a large and established HMO in a sought-after and well-connected
location.

Current Rental Income Based on 10 Rooms Let - Rental - £7,250per month = £87,000per annum

Description

The accommodation comprises 11 bedrooms, supported by three kitchens and three bathrooms,
along with an office space and an expansive loft room, providing flexibility for a range of
operational configurations.

Location

The location provides convenient access to Maidstone town centre, local amenities, transport
links, and the surrounding Loose area, making it well placed for tenant demand.

Tenure

Title number
K468063 - Freehold

EPC

Rating D

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Brochures

Brochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Allocated
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Loose Road, Maidstone, Kent, ME15 7DR

Approximate location

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__mins driving to your place

Affordability

Monthly repayments£3,461
Property: £ 690,000
Deposit: £ 69,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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Disclaimer - Property reference 508805. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pattinsons, Pattinsons Auction- National Auctioneer. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Pattinsons, Pattinsons Auction- National Auctioneer on 0191 625 0964.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.