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Roseholme, Maidstone, Kent, ME16

South East

£120,000
Listed on 05/03/2026

Property Details

Bedrooms
2
Type
Flat
Area
603 sqft

Description

This first-floor two-bedroom apartment, located in the desirable Fant area of Maidstone, presents an exciting opportunity for those looking to undertake a significant renovation project. With ample living space and a long lease exceeding 900 years, it provides a solid foundation for future investment. The property requires extensive refurbishment, allowing prospective buyers to customize the home according to their tastes. Its configuration is particularly appealing to individuals or small families seeking additional room without incurring maintenance fees, making it an excellent entry point into the market.

Investment Analysis

(ME16 area)

Below Market Value

This property is priced -44.9% below area average per sq ft

-44.9%
Potential saving
This Property
£199/sq ft
Area Average
£361/sq ft
Avg Rent (weekly)
£273
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£239,683
10% above area average per sq ft
Potential ROI
+41.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (ME16)

Area prices are falling by -2.2% over the last 12 months
3 year growth: -1.7%
5 year growth: +12.7%
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

Roseholme, Maidstone, Kent, ME16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£433
Based on a loan of £90,000 over 30 years at 4.06% 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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