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Tonbridge Road, Maidstone, ME16

South East

£260,000
Listed on 07/05/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
495 sqft

Description

This end-of-terrace property, available through I Am Sold Auction, represents a significant renovation opportunity for those looking to invest or create their own space. The property is in need of comprehensive refurbishment, making it an ideal project for visionaries eager to transform it into a modern family home. Spanning three levels, the basement holds potential for conversion into additional living areas such as a home office or entertainment room, subject to necessary permissions. The ground floor layout includes a separate lounge and dining area, along with a kitchen that offers ample scope for redesigning—whether that involves integrating a utility room or adding a downstairs WC. Upstairs features three bedrooms and a family bathroom, providing generous proportions that cater well to families or future tenants. Externally, the house benefits from a sizeable driveway allowing parking for multiple vehicles—a highly sought-after amenity. Side access leads to a garage that could serve as extra storage or as potential additional living space following conversion work. The spacious rear garden presents endless possibilities for landscaping or creating outdoor entertaining options. Overall, this property combines generous interior space with substantial development potential in an established residential area. It is perfectly located near Maidstone's amenities while also benefiting from convenient transport links making it appealing to families and investors alike.

Investment Analysis

(ME16 area)

Above Market Value

This property is priced +45.0% above area average per sq ft

+45.0%
This Property
£525/sq ft
Area Average
£362/sq ft
Avg Rent (weekly)
£284
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£197,272
10% above area average per sq ft
Potential ROI
-42.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (ME16)

Area prices are falling by -5.6% over the last 12 months
3 year growth: -3.7%
5 year growth: +7.4%
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, ME16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£928
Based on a loan of £195,000 over 30 years at 3.97% 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

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