ME14 2BU - Studio flat for sale in Alexandra Street, Maidstone, ME14

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Studio flat for sale in Alexandra Street, Maidstone, ME14

Summary - Alexandra Street, Maidstone ME14 2BU

1 bed 1 bath Flat

**Standout Features:**
- Centrally located in Maidstone Town Centre, just a short walk from Maidstone East Station
- Ground floor studio apartment offering unique open plan living
- Requires refurbishment, ideal for customization
- Resident permit parking available
- No forward chain

**Concerns:**
- Cash buyers only due to 51 years remaining on the lease
- High crime rate in the area
- Electric heating with storage heaters; potential energy efficiency concerns
- Needs modernisation and may have maintenance requirements due to age

This compact ground floor studio apartment is an ideal investment opportunity, perfectly situated in the bustling Maidstone Town Centre and just a short distance from Maidstone East Railway Station. The open plan living area creatively combines the lounge and bedroom space, providing versatility for single occupants or couples. While the interiors are in need of refurbishment, this presents a blank canvas for innovative buyers looking to modernize. The apartment consists of essential amenities, including a kitchen area and a bathroom featuring an electric shower over a bath.

With a resident permit parking space and no onward chain, it's not just about the living space; the property offers vast potential for those willing to invest time and effort into renovations. However, it's crucial to note that this property is only available for cash buyers due to the limited leasehold, which may pose challenges for future financing options. The area, characterized by a high crime rate, might require additional considerations when evaluating location comfort and safety. Seize this rare opportunity to transform a compact space into a personal sanctuary in a highly sought-after locale—ideal for those seeking affordability and flexibility in their next investment.

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