Union Street, Maidstone, Kent

- PROPERTY TYPE
Block of Apartments
- BEDROOMS
19
- SIZE
4,306 sq ft
400 sq m
- TENUREDescribes 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
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.
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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
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Visit our security centre to find out moreDisclaimer - 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.
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