County Road, Maidstone, Kent, ME14 1UY
By Sibley Pares LLP
£ 750,000
Reviews
2 out of 5 stars
Sibley Pares LLP says ..
An opportunity to acquire a freehold block of 7 self contained residential apartments. The properties are currently vacant but would bring in an expected rent level of approximately £60,600 per annum which would equate to a gross yield of just over 8%. What use to be the former Swan Pub has bee...
Property Oracle says ..
The property is a block of apartments located on County Road in Maidstone, Kent. The list price is £750,000. The property has a total area of 933.23 sqft and is situated in a convenient location with nearby transportation links, including Maidstone East station just 0.33km away. Several schools are also within a reasonable distance, such as North Borough Junior School (0.78km) and St Paul’s Infant School (0.85km). Based on the provided images, the property appears to be newly renovated or in excellent condition. The finishes are modern, and the rooms are clean and well-maintained. There is no evidence of wear and tear or the need for repairs. The property does not appear to have a substantial amount of land associated with it. The plot size is listed as 0.00 sqft which suggests it’s primarily the building itself. There is a small paved area for parking, as shown in the images. Considering the average house price in the area is £255,593 and the average price per sqft is £297, the list price of £750,000 for this property seems high. While the location is good and the property is in excellent condition, the lack of land and the significantly higher price per sqft compared to the area average suggests that the asking price may not represent good value for money. The nearby street, County Road, has an average price of £600,000, but without sqft data, a direct comparison is difficult. However, even considering this higher average price for the street, the property’s price per sqft still appears elevated.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 4
- Condition
- 10
- Location
- 8
- Land
- 1
- Bedrooms
- 0
- Bathrooms
- 0
- Sqft (est)
- 933.23
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 248,661.00 £Decreased by 6.33 %
- Est sale value
- 297,700.37 £Increased by 19.48 %
- Average area rental value
- 943.00 £/moDecreased by 1.87 %
- Est letting value
- 933.23 £/mo
- Est rental Yield
- 4.55 %Increased by 4.84 %
- Crime Rate
- 18.00 %Unchanged by 0.00 %
Agent Activity
Sibley Pares LLP created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Howard De Walden Children'S Centre | Children's Centre | 0.41 KM | |
| Mepa Academy Limited | Other Independent School | 0.50 KM | |
| North Borough Junior School | Community School | Good | 0.78 KM |
| St Paul'S Infant School | Community School | Good | 0.85 KM |
| Valley Invicta Primary School At East Borough | Academy Converter | 1.08 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| County Road | £ 600,000 | 0 | 0.00 KM |
| James Street | £ 0 | 0 | 0.00 KM |
| Tufton Street | £ 0 | 0 | 0.00 KM |
| Cromwell Road | £ 450,000 | 0 | 0.00 KM |
| A249 | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Maidstone East | 5115 | MDE | 0.33 KM |
| Maidstone Barracks | 5237 | MDB | 1.15 KM |
| Maidstone West | 5222 | MDW | 1.25 KM |
| East Farleigh | 5234 | EFL | 5.04 KM |
| Barming | 5133 | BMG | 5.08 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| County Road, Maidstone, Kent, ME14 1UY | £ 750,000 | BUY | 5 / 10 | 0.00 KM |
| Woollett Street, Maidstone, Kent, ME14 | £ 235,000 | BUY | 7 / 10 | 0.07 KM |
| Brewer Street, Maidstone | £ 215,000 | BUY | 7 / 10 | 0.09 KM |
| Brewer Street, Maidstone, ME14 | £ 185,000 | BUY | 7 / 10 | 0.10 KM |
| Brewer Street, Maidstone, ME14 | £ 210,000 | BUY | 7 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 11 Camden Street | £ 185,000 | 0.08 KM |
| 22 Camden Street | £ 180,000 | 0.08 KM |
| 7 Camden Street | £ 140,000 | 0.08 KM |
| 16 Camden Street | £ 69,950 | 0.08 KM |
| 18 Camden Street | £ 45,250 | 0.08 KM |