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Tonbridge Road, Maidstone, ME16

South East

£190,000Guide Price

Listed on 03/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
664 sqft

Description

This two-bedroom Victorian cottage, located in a prime area of Maidstone, presents an exciting opportunity for renovation enthusiasts and investors. The property spans three floors and offers approximately 664 square feet of living space, featuring a living room and kitchen on the ground floor, accompanied by a lean-to at the rear that can serve various purposes such as a utility room or extended kitchen area. The first floor includes a spacious double bedroom and a family bathroom, while the second floor houses another versatile bedroom that can function as an office or additional sleeping space. Having not been modernised for many years, this cottage requires extensive renovation throughout, including essential updates to the plastering, roofing, kitchen, and bathroom facilities. For those with vision and investment potential in mind, this property has solid foundations and charming character waiting to be restored. Once revitalised, similar properties in this sought-after location could achieve market values around £280,000–£290,000. The generous outdoor space includes a mature front garden and an enclosed rear garden ideal for entertaining or personal enjoyment post-renovation. This outdoor area is particularly appealing for families looking for ample green space. Strategically located within walking distance to Maidstone town centre and local amenities—including shops, eateries, and transport links—this property caters to both commuting professionals and families seeking a long-term residence. Its accessibility to major transport routes further enhances its attractiveness as an investment opportunity.

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Investment analysis

(ME16 area)

Below Market Value

This property is priced -20.4% below area average per sq ft

-20.4%
Potential saving
This Property
£286/sq ft
Area Average
£359/sq ft
Avg Rent (weekly)
£285
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£262,506
10% above area average per sq ft
Potential ROI
+5.0%
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
12%
Properties sold annually

Local Market Trend (ME16)

Area prices are falling by -5.0% over the last 12 months
3 year growth: -3.4%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£718
Based on a loan of £142,500 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

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