Skip to content

Union Street, Maidstone, Kent

PROPERTY TYPE

Block of Apartments

BEDROOMS

19

SIZE

4,306 sq ft

400 sq m

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

  • 18 fully functional and furnished studio apartments
  • 1-bedroom pent-floor apartment
  • 19 residential units in total
  • C3 residential use, subject to the relevant planning and statutory requirements
  • Fully furnished accommodation
  • Established multi-unit residential configuration
  • Potential for long-term income generation and capital appreciation, subject to market conditions
  • Suitable for investors, property companies and residential investment funds
  • Convenient Maidstone location
  • Excellent opportunity to acquire a substantial residential investment under one title

Description

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.
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.
Ask agent
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Ask agent
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ground floor

Energy performance certificate - ask agent

Union Street, Maidstone, Kent

Approximate location

Add an important place to see how long it'd take to get there from our property listings.

__mins driving to your place

Affordability

Monthly repayments£14,893
Property: £ 3,000,000
Deposit: £ 300,000
Interest rate: 5.24%
Term: 30 years
Powered byNatwest
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.
Recently sold & under offer
See similar nearby properties

About Magben, Rainham

21 Upminster Road South, Rainham, RM13 9YS
Industry affiliations:Industry affiliation logo 0

Magben Ltd is an independent estate agency based in Rainham, Essex, specialising in residential sales across London, Essex, Kent and beyond.

We are a small, hands-on team. You deal with the same people from valuation through to completion, you are kept informed at every stage, and you get a straight answer on what your property is realistically worth.

For a free, no-obligation valuation, get in touch with the team today.

How it works

1. Get in touch. Call or Email, whichever suits you.

2. We visit. We come and see the property, get to know its features, and share our view of the local market.

3. You decide. No pressure and no obligation. If you choose to go ahead, we guide you from listing through to completion.

Agents Note:

AML: Anti-Money Laundering and identity checks are a legal requirement on all parties. Once an offer is accepted, details are passed to our third-party compliance partner who will contact you directly. A non-refundable fee applies and will be confirmed to you at the point your offer is accepted. It must be paid before an offer can be formally accepted and is not refunded if the purchase does not proceed. Proof of funds will also be required.

Property information: All details are supplied by the vendor. We take reasonable care to ensure accuracy but cannot guarantee it, and these particulars do not form part of any contract. Buyers must carry out their own due diligence through their solicitor and surveyor.

Leasehold: Service charge, ground rent, reserve fund and lease term figures are provided by the vendor, are a guide only, and are subject to change. Buyers must verify these independently through their solicitor and the managing agent before proceeding.

Floor plans: Provided for illustrative purposes only to show layout. Not to scale. All measurements are approximate and should be re-checked before committing to any expense.

Ownership, title and condition: We verify the seller's identity and evidence of ownership as part of our AML process, but we do not investigate legal title — boundaries, covenants, rights and restrictions must be confirmed by the buyer's solicitor. We have not tested the heating, electrics, plumbing, appliances or any other installations, and buyers are advised to instruct a surveyor.

Check how much you can borrow

Whether you're buying by yourself or with someone else, you can:

  • Receive a result instantly
  • Get viewings faster with agents
  • Check with no impact on your credit score
Powered byNatwest
Two happy people looking at phone

Notes

These notes are private, only you can see them.

Staying secure when looking for property

Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.

Visit our security centre to find out more

Disclaimer - Property reference 5392673. 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 Magben, Rainham. 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.

*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.