24 Hastings Road, Maidstone
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24 Hastings Road, Maidstone

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We have confidence in this estimated current valuation Updated recently
£322,400
Or £2,096 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
May 26, 2023
£500,000

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to 24 Hastings Road, Maidstone, a charming and spacious terraced type home with 7 bed in the ME15 7SP area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band .

This classic property was built before 1900 and has a reported internal area of 132 internal square metres The neighbourhood is known for having good properties at a reasonable price - with a market valuation of £322,400 and a rental potential of £2,096 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to May 26, 2023. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

"HMO
Close To Mainline Stations
Town Centre Location
Fully Licensed
Investment Opportunity
Well Presented
Fully Tenanted
7 Bedrooms

* OFFERS IN EXCESS OF £500,000 * Investment * HMO Business * Fully Licensed * Close To Mainline Stations * Town Centre Location * 7 Bedrooms *

Please contact Geering & Colyer today to book your viewing.

Geering & Colyer are delighted to offer this unique opportunity to purchase this beautiful FULLY LICENSED HMO (House in Multiple Occupation) to the market in the central town location of Hastings Road in Maidstone.

This HMO is a ‘turn key‘ buisness perfect for any investor looking to generate a high yield providing a fantastic return. The property is fully tenanted.

TIt is clear to see the current owner has invested a lot of time, energy and finaces into creating this well presented HMO. With 7 bedrooms, well presented communal areas and external spaces to the garden the property provides a great enviroment for the tenants.

The ground floor consists of an entrance hallway, bedroom 1 (2 occupants), bedroom 2 (1 occupant), communal kitchen, bathroom and seprate utility area.

The basement offers bedroom 3 (2 occupants). The first floor offers bedroom 4 (2 occupants with en-suite), bedroom 5 (1 occupant with en-suite), bathroom and bedroom 6 (1 occupant).

The second floor benefits from bedroom 7 (2 occupants with its very own self contained kitchenette).

Externally you will find a communal garden to the rear perfect for entertaining.

This is truly a MUST SEE property and internal viewing is essential to fully appreciate everything this home has to offer. If you are looking for a perfect investment to add to your portfolio, please do not hesitate giving Geering & Colyer a call today.

- Over £61,200 annual rental income.
- Expenses £4297 annual

Room 1 - £800 pcm
Room 2 - £625 pcm
Room 3 - £825 pcm
Room 4 - £600 pcm
Room 5 - £650 pcm
Room 6 - £875 pcm
Room 7 - £725 pcm

Hastings Road is situated a stone‘s throw away from Maidstone town centre, the property is in an ideal location for access to the high street shops, shopping centres, cafes, pubs, restaurants, and family entertainment the county town has to offer. For travel Maidstone West Train Station is a convenient for easy access to London, plus there is a choice of Maidstone-s other two main stations, Maidstone East and Barracks, for more options into London and the local areas like Medway.

"

Property Data

Data point Compared to road
200 sqm plot

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £1,467 Try Mortgage Tracker
Energy £1,032 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Park Way Primary School
0.4mi
Five Acre Wood School
0.4mi
New Line Learning Academy
0.4mi
Tiger Primary School
0.4mi
Oaks Primary Academy
0.5mi
Nearby Stations
Maidstone West Station
1.2mi
Maidstone East Station
1.6mi
Maidstone Barracks Station
1.7mi
East Farleigh Station
2.0mi
Bearsted Station
2.4mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

๐Ÿค”
New Kitchen
This could increase your home value by £15,000
๐Ÿค”
New Bathroom
This could increase your home value by £5,000
๐Ÿค”
Air Conditioning
This could increase your home value by £7,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
Click here to view providers

Strengths

๐Ÿ˜€
Strength: Family-friendly
Enough beds for the whole family
๐Ÿ˜€
Strength: Freehold ownership
This property has the support and stability of full freehold ownership.
๐Ÿ˜€
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

There's even more data available!

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Frequently asked questions

  1. How much is 24 Hastings Road, Maidstone worth?

    24 Hastings Road, Maidstone is now worth £322,400 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 24 Hastings Road, Maidstone - click click here to get a valuation with no strings attached.

  2. What is the rental value of 24 Hastings Road, Maidstone?

    The current rental valuation for this property is £2,096 per month, within a price range of £1,886 and £2,305.

  3. How many bedrooms does 24 Hastings Road, Maidstone have?

    This property has 7 bedrooms. Search for nearby properties with 7 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 24 Hastings Road, Maidstone?

    Nearby schools in include Park Way Primary School, Five Acre Wood School, New Line Learning Academy, Tiger Primary School, Oaks Primary Academy

    Nearby stations in include Maidstone West Station, Maidstone East Station, Maidstone Barracks Station, East Farleigh Station, Bearsted Station.

  5. What type of property is 24 Hastings Road, Maidstone

    This is a Terraced property. There are 20 other Terraced properties on HASTINGS ROAD, and 32 in total.

  6. When was 24 Hastings Road, Maidstone built? How old is 24 Hastings Road, Maidstone?

    24 Hastings Road, Maidstone was was built between before 1900.

Breadcrumbs

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

Rochester, Kent Sittingbourne, Kent Queenborough, Kent Sheerness, Kent Faversham, Kent Maidstone, Kent West Malling, Kent