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Wheeler Street, Maidstone

South East

£200,000
Listed on 16/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
859 sqft

Description

This split-level apartment, hit the market for the first time in nearly five decades, presents a unique opportunity for renovation enthusiasts. The property features its own entrance, leading to a cozy lounge and functional kitchen on the lower level. Ascending the staircase, you’ll find two spacious double bedrooms alongside a three-piece wet room. Outside, there's a private paved garden area just moments away from the entrance, complemented by an en-bloc single garage with an up-and-over door. Ideally located within walking distance of local shops and schools, this home offers the convenience of town centre living while inviting you to transform it into your ideal residence. With some updating throughout, this property could truly shine and cater to modern living needs.

Investment Analysis

(ME14 area)

Below Market Value

This property is priced -34.6% below area average per sq ft

-34.6%
Potential saving
This Property
£233/sq ft
Area Average
£356/sq ft
Avg Rent (weekly)
£277
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£336,243
10% above area average per sq ft
Potential ROI
+46.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (ME14)

Area prices are rising by +5.7% over the last 12 months
3 year growth: -3.9%
5 year growth: 17.1%
Investment Disclaimer: Analysis based on ME14 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

Wheeler Street, Maidstone
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£733
Based on a loan of £150,000 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.

Next Steps

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