Summary - SWIFT HOUSE FLAT 9 SPRINGVALE MAIDSTONE ME16 0AF
1 bed 1 bath Flat
Compact investment close to town and motorway links for cash buyers.
Chain free studio with separate kitchen
A compact studio apartment offered chain free and suited to cash purchasers or a buy-to-let portfolio. The flat occupies 302 sq ft and includes a separate kitchen, allocated off-street parking and double glazing. Its location close to Maidstone town centre and motorway links gives reliable tenant appeal and easy commuter access.
Important lease and financing facts are straightforward: the property is leasehold with 62 years remaining, a service charge around £2,000pa and ground rent of £200pa. Many mortgage lenders may refuse to lend on such a short lease, so this is most suitable for cash buyers or experienced investors who can manage lease-extension costs.
Practical running costs and constraints: heating is electric storage heaters (no communal gas), main fuel is electricity, and the area scores high for crime and relative deprivation. Council tax is very low and broadband and mobile signals are strong — useful for tenants who work from home. The building dates from the 1980s and appears modern in style but will suit buyers expecting a small, low-maintenance studio rather than a larger home.
In short, this is a well-located, low-footprint investment opportunity with immediate let-ready features but material drawbacks for mortgaged buyers. Factor lease-extension costs, annual service charges, and local area data into your purchase decision.
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