Block of Apartments

Globe House, Pudding Lane, Maidstone, Kent, ME14 1PA

Size: 156 sqm

Purchase price

£950,000

Size: 156 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £62,200
Ground rent £400
Service charge £300
Net income £61,500
Gross yield 6.55%
Net yield 6.47%

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - BLOCK OF APARTMENTS! This excellent apartment block is located in the heart of Maidstone with easy access to the direct train to London city centre.

This wonderful block of apartments comprises of; 8x studio apartment; all come with fully fitted kitchens with all appliances included; three piece shower suites; double glazed window; spacious lounge/bedroom area; over 2 floors the 1st and second. Enquire today for further information.

A £3 million project to give Maidstone Town Centre a facelift is under way after the third phase of regeneration work was launched, which makes now the perfect time to invest. Work has already began for the public realm improvements. The huge sums of money will be used to improve the pavements and walkways in Maidstone’s town centre in an almost identical way to that of the 2013 redevelopment in King Street and the High Street.

This investment is in addition to the impending demolition of the “Old Vic” pub as part of a £2 million Network Rail scheme to replace Maidstone East ticket office with an iconic glass and steel entrance and café overlooking County Hall. This major new gateway project is jointly funded by the National Station Improvement Programme and South East Local Enterprise Partnership.

According to Zoopla, house prices have seen a 2.04% increase in the past 12 months in ME15, demand for rental properties are high which is making Globe House the perfect block to invest in.

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - BLOCK OF APARTMENTS! This excellent apartment block is located in the heart of Maidstone with great transport links to Central London.

Interested in this property? Enquire today for more information

Key features

Key features

Earn instant income

Key features

8x studio apartments

Key features

Over 1st & 2nd floor

Key features

Fully fitted kitchens

Key features

Double glazed

Key features

Excellent location

Key features

Great transport links

Key features

Shops, bars and amenities nearby

Key features

1hr direct train to London

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - BLOCK OF APARTMENTS! This excellent apartment block is located in the heart of Maidstone with great transport links to Central London. More info...

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - BLOCK OF APARTMENTS! This excellent apartment block is located in the heart of Maidstone with easy access to the direct train to London city centre.

This wonderful block of apartments comprises of; 8x studio apartment; all come with fully fitted kitchens with all appliances included; three piece shower suites; double glazed window; spacious lounge/bedroom area; over 2 floors the 1st and second. Enquire today for further information.

A £3 million project to give Maidstone Town Centre a facelift is under way after the third phase of regeneration work was launched, which makes now the perfect time to invest. Work has already began for the public realm improvements. The huge sums of money will be used to improve the pavements and walkways in Maidstone’s town centre in an almost identical way to that of the 2013 redevelopment in King Street and the High Street.

This investment is in addition to the impending demolition of the “Old Vic” pub as part of a £2 million Network Rail scheme to replace Maidstone East ticket office with an iconic glass and steel entrance and café overlooking County Hall. This major new gateway project is jointly funded by the National Station Improvement Programme and South East Local Enterprise Partnership.

According to Zoopla, house prices have seen a 2.04% increase in the past 12 months in ME15, demand for rental properties are high which is making Globe House the perfect block to invest in.

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop 8x studio apartments
    Tick Desktop Over 1st & 2nd floor
    Tick Desktop Fully fitted kitchens
    Tick Desktop Double glazed
    Tick Desktop Excellent location
    Tick Desktop Great transport links
    Tick Desktop Shops, bars and amenities nearby
    Tick Desktop 1hr direct train to London
  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £62,200
Ground rent £400
Service charge £300
Net income £61,500
Gross yield 6.55%
Net yield 6.47%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.