Summary - 33, RANDALL STREET, MAIDSTONE ME14 2TB
6 bed 2 bath Terraced
**Standout Features:**
- Fully licensed HMO (House in Multiple Occupation)
- 6 bedrooms and 2 bathrooms
- Generating income of £4,150 per month (over 11% gross yield)
- Planning permission for loft conversion into a self-contained unit
- Central location close to mainline stations and town centre
- Fast broadband and excellent mobile signal
- Outdoor garden space
**Concerns:**
- Property condition: built before 1900 with assumed lack of insulation
- High crime rate in the area
This Victorian terraced home presents a lucrative investment opportunity in the heart of Maidstone. Offering a fully tenanted HMO status with a consistent income of £4,150 per month, this property boasts six bedrooms and two bathrooms, making it particularly appealing to landlords seeking dependable rental yield over 11%. The location is unbeatable—just steps away from shops, vibrant cafes, and picturesque parks, as well as excellent transport links via Maidstone West, East, and Barracks train stations for easy access to London.
In addition to immediate rental success, the property comes with planning permission for a loft conversion, presenting future potential for increased rent. The home retains charming period features yet may require some renovation regarding insulation, addressing future energy efficiency. With a modest garden and ample amenities nearby, it’s an inviting choice for investors or families seeking a touch of cosmopolitan living in a thriving student neighborhood. Act quickly; opportunities like this do not last!
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