Summary - Residential Development Opportunity, M Mid Kent, Maidstone ME16 0PU
1 bed 1 bath Commercial Development
Rare mid‑Kent chance to create multiple flats above a busy retail parade.
- Freehold retail parade with large, contiguous rooftop areas for conversion
- Existing six first-floor maisonettes plus scope for three additional units
- Substantial on-site customer parking and direct A20 access
- No flood risk; excellent mobile signal and fast broadband
- Urban site with negligible private gardens or external amenity
- Above-average local crime; security and management considerations required
- Located in very affluent ward but demographic skews older workers/retirees
- Will require planning consent and refurbishment to modern residential standards
A substantial freehold retail-parade with clear first-floor residential conversion potential, offered as a development opportunity in NW Maidstone. The mid‑20th‑century, flat‑roofed shopping complex sits on a large car‑parked plot with street frontage to the A20, giving straightforward access for construction and servicing. Existing first‑floor maisonettes (6) are in place and the scheme indicates scope to create a further three modest units above the parade once built out.
The site suits a developer or investor targeting town‑centre flats: strong local amenities, good road links and fast broadband support rental demand or owner-occupation. There is no flood risk, tenure is freehold and the footprint and rooftop areas offer multiple conversion and infill options without requiring major land acquisition. On-site customer parking and nearby service roads simplify logistics for contractors and future residents.
Buyers should note material constraints: the asset is urban and largely hard‑surfaced with negligible private gardens or outdoor amenity; accommodation above shops will be modest in size. Crime rates are above average for the area and the surrounding demographic skews older workers and retirees, which may influence unit mix and marketing. The property will need standard conversion design, planning consent and likely refurbishment of existing upper-floor accommodation to modern residential standards.
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