Kingfisher Meadow, Maidstone, Kent

- PROPERTY TYPE
Duplex
- BEDROOMS
2
- BATHROOMS
2
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Immediate Cash Flow: Fully tenanted turn-key asset delivering income from day one.
- Strong Yields: Impressive 8.18% gross yield (6.50% net yield after costs).
- High-Demand Layout: Unique duplex layout with mezzanine office and en-suite master suite.
- Prime Waterfront Location: Private balcony with direct views of the River Medway in Maidstone.
- Zero Cladding Liability: Taylor Wimpey fully funding all remediation works in writing.
- Secure & Convenient: Includes 1 allocated parking space within a secure, gated development.
Description
An outstanding turn-key investment opportunity situated within the highly sought-after Kingfisher Meadow development in Maidstone. This striking two-bedroom, double-storey penthouse duplex offers contemporary luxury, architectural design, and peaceful views over the River Medway.
Currently fully tenanted, the property offers immediate rental income from day one with strong potential for ongoing rental growth.
Key Features & Layout:
Lower Level: Bright, open-plan living and dining space with full-height windows, a modern fitted kitchen, family bathroom, a double bedroom, and private balcony access directly overlooking the river.
Upper Level: Mezzanine landing featuring a versatile study/home office space, and the principal bedroom suite complete with a dedicated spiral staircase, private dressing area, and en-suite shower room.
Parking & Security: Secure gated development with one allocated parking space and direct access to riverside walks.
Investment & Financial Highlights:
Asking Price: £220,000
Gross Yield: 8.18% | Net Yield: 6.50% (after ground rent & service charge)
Tenant Status: Fully tenanted with immediate rental income
Lease Details: ~107 years remaining (125 years from 2006)
Ground Rent: £250 p.a. | Service Charge: £287 pcm (£3,444 p.a.)
EPC Rating: C
Building Note: Cladding remediation works commenced May 14th with written confirmation from Taylor Wimpey that all costs are fully funded with zero financial liability to the buyer.
- 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.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
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- 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
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Visit our security centre to find out moreDisclaimer - Property reference 16-kingfisher-meadow. 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 Pure, Manchester. 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.
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