HMO in ME15

Loose Road, Maidstone, Kent, ME15 7DR

Brochure

Starting Bid
£690,000

Tenure: Freehold

Lisa Neil
Branch Manager
0191 580 1587
commercial@pattinson.co.uk

Key Information

Parking: Allocated

Property features

11 Bedroom HMO
Investment Opportunity
Freehold Property
Viewing Highly Recommended

HMO in ME15

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 0191 737 1154, or alternatively via e-mail on commercial@pattinson.co.uk. 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.

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These results are for a repayment mortgage 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.

Stamp Duty Land Tax rates are based on UK government guidelines and are subject to change. This calculator is for guidance only. Please consult a qualified professional for advice on your specific circumstances.