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Tonbridge Road, Maidstone

South East

£80,000
Listed on 17/03/2026

Property Details

Bedrooms
2
Type
Flat

Description

This mid-century flat presents a compelling renovation opportunity within the established Pine Lodge development, located centrally in Maidstone. Ideal for buyers seeking to modernize and potentially enhance property value, this home is surrounded by an array of local amenities, dining options, and entertainment facilities. The building, constructed between 1936 and 1979, features a sizable community of 99 properties, offering a unique chance to invest in one of the larger residential blocks in the ME16 area. While the flat requires some updating, its prime position on the outskirts of Maidstone town centre ensures easy access to public transport options, including nearby rail stations and bus stops. The communal grounds provide residents with a tranquil outdoor space to enjoy. Additionally, parking facilities are available. Investors will find this property appealing as similar homes have seen significant price increases post-refurbishment. This is an excellent chance to create a modern living space while capitalizing on the area's strong rental demand.

Investment Analysis

(ME16 area)
Area Average
£361/sq ft
Avg Rent (weekly)
£273
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
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

Tonbridge Road, Maidstone
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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
£289
Based on a loan of £60,000 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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