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Ernest Drive, Maidstone, ME16

South East

£375,000

Listed on 14/02/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1152 sqft

Description

This extended three-bedroom semi-detached chalet bungalow is situated in the desirable Allington area, presenting a unique opportunity for both homeowners and investors. The property features a flexible layout, with a spacious ground floor that includes a lounge, dining area, and snug – perfect for reimagining into modern living spaces. Upstairs, there are two generously sized double bedrooms that can be customized to meet personal needs. The established garden offers a serene outdoor space, while the potential for side access and additional parking opens up options for further development (subject to planning approval). Notably, this bungalow has room for expansion or modification, making it an appealing prospect for those looking to enhance its value. With amenities like Waitrose within walking distance and excellent transport links nearby including the M20 motorway, this property is well-positioned for convenient living while offering numerous avenues for renovation.

Investment Analysis

(ME16 area)

Below Market Value

This property is priced -10.1% below area average per sq ft

-10.1%
Potential saving
This Property
£326/sq ft
Area Average
£362/sq ft
Avg Rent (weekly)
£293
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£458,790
10% above area average per sq ft
Potential ROI
+8.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (ME16)

Area prices are falling by -4.8% over the last 12 months
3 year growth: -3.8%
5 year growth: +8.0%
Investment Disclaimer: Analysis based on ME16 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

Ernest Drive, Maidstone, ME16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,417
Based on a loan of £281,250 over 30 years at 4.45% 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.

Stamp Duty Calculator

Price History

-6.3% since listed
£375,000£25,000(-6.3%)
30/05/2026
Current price
£400,000Initial listing
14/02/2026

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