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Heath Road, Coxheath, Maidstone - Image 1
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Heath Road, Coxheath, Maidstone

South East

£280,000
Listed on 17/12/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
1122 sqft

Description

This distinctive commercial property offers significant renovation and investment potential in the village of Coxheath. Spanning 1122 sq ft, it has previously functioned as a butcher's shop and boasts six versatile rooms along with a welcoming porch area. The site includes an advantageous concrete base measuring 20'7 by 11'2, which previously received planning approval for shed construction. With front parking available and positioned within a primarily residential neighborhood, there exists a strong opportunity for further development, contingent upon necessary consents. The property's proximity to Maidstone Town Centre ensures convenient access to local amenities and transport links to London, making it an intriguing option for those looking to capitalize on the area's growth.

Investment Analysis

(ME17 area)

Below Market Value

This property is priced -36.0% below area average per sq ft

-36.0%
Potential saving
This Property
£250/sq ft
Area Average
£390/sq ft
Avg Rent (weekly)
£339
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£480,968
10% above area average per sq ft
Potential ROI
+45.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (ME17)

Area prices are stable by +1.1% over the last 12 months
3 year growth: 2.5%
5 year growth: 11.0%
Investment Disclaimer: Analysis based on ME17 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Heath Road, Coxheath, Maidstone
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,026
Based on a loan of £210,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE