**Key Features:**
- Leasehold 2-bedroom mid-terrace house
- Currently tenanted, yielding £13,800 annually (9.7% yield)
- Private rear garden, perfect for outdoor living
- Central Maidstone location with easy access to amenities and transport links
- Auction sale; no chain; 87 years remaining on lease
- Areas for potential modernization and value enhancement
- Affordable council tax and below-average service charges
This leasehold, 2-bedroom mid-terrace house presents a remarkable investment opportunity with existing tenants generating a strong annual rental yield of 9.7%. Located centrally in Maidstone, this home provides convenient access to shopping, dining, and excellent transport links, making it an ideal choice for investors or first-time buyers looking to start their property journey. The spacious living room and functional kitchen have the potential for modern upgrades, complementing the well-proportioned bedrooms which can easily accommodate various living scenarios.
The property features a private rear garden, perfect for relaxation or outdoor activities, enhancing the home's appeal. Though in need of some updating, this space offers great scope for personal touches or renovations that could significantly increase its value. With on-street parking available and situated in a family-friendly neighborhood with reputable schools nearby, this property is not only a wise investment, but it’s also a wonderful place to envision future comfort and growth. Given the competitive rental market, this property won't last long—consider seizing this opportunity at the upcoming auction!
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