6 bed Terraced
£550,000
Lower Boxley Road, Maidstone
An exceptional investment opportunity in a prime location, this freehold property comprises six well-proportioned rooms, each featuring a kitchenette. Previously operated as an 8-bedroom hotel, the building offers versatile accommodation suited to tenants seeking convenient, self-contained living spaces.Currently let on Assured Shorthold Tenancy (AST) contracts, the flats generate a steady income of approximately £60,000 per annum, providing a reliable revenue stream for investors. The property is offered for sale at £550,000, reflecting excellent value in the current rental market.Key features include:Strong rental yield with AST tenants in placeFormer 8-bed hotel with potential for further redevelopment or refurbishment (subject to planning)Freehold ownership for maximum control and securityThis represents a fantastic opportunity for buy-to-let investors or developers looking to expand their portfolio in a sought-after area.Contact us today to arrange a viewing or to find out more about this prime investment property.
haart is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate