Terraced house for sale in Allen Street, Maidstone, Kent ME14

* Investment * HMO Buisness * Fully Licensed * Close To Mainline Stations * Town Centre Location * 4 Bedrooms * Storage *

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 Allen Street 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.

It is clear to see the current owner has invested a lot of time, energy and finaces into creating this well presented HMO. With 4 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, communal area, kitchen and bathroom.

The basement comprises of bedroom 4 with storage and seperate storage area.

As you lead to the first floor you will find a landing with 2x further bedrooms (with storage to bedroom 2).

Externally you will find a communal garden and patio 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.

Room 1 - (ground floor single)
£575 pcm - £6900 annual income

Room 2 - ( 1st floor front double)
£650 pcm - £7800 annual

Room 3 - (1st floor rear double)
£650 pcm - £7800 annual

Room 4 - (lower ground double)
£625 pcm - £7500 annual

Expenses/Running costs - £538 pcm/£6096 annual

£1962 pcm profit/£23,904 annual

Allen Street is situated close to 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.