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Tonbridge Road, Maidstone, Kent, ME16 8SL

South East

£190,000Guide Price

Listed on 14/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
664 sqft

Description

This two-bedroom Victorian cottage presents a compelling opportunity for renovation enthusiasts and investors seeking to capitalize on a property with genuine character in a prime Maidstone location. Located on Tonbridge Road, this Grade II listed building is part of an historic Georgian terrace and requires comprehensive refurbishment throughout, including the kitchen, bathroom, plastering, and roof works. With its three floors spread over approximately 664 square feet, the layout consists of a living room and kitchen on the ground floor, complemented by a lean-to at the rear that can serve multiple functions based on the buyer's vision. The first floor houses a spacious double bedroom alongside a family bathroom, while the second floor offers another versatile bedroom that could easily function as an office or retreat. The property has not been updated in many years and is ripe for transformation. Its solid structure and distinctive features suggest significant potential value once restored. A well-executed renovation could yield market values around £280,000–£290,000. Outside, you’ll find an unexpectedly generous front garden paired with an enclosed rear space ideal for creating outdoor entertainment areas or gardens. The location further enhances its appeal: just a short walk from Maidstone town centre’s shops, eateries, and transport links including Maidstone East and West stations offering direct services into London. This setting not only suits families but also attracts investors seeking profitable rental opportunities upon completion. Given its unique character and substantial outdoor space in such a connected area, this property merits early consideration before bidding closes.

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
£45,000 - £65,000
Target Value
£262,506
10% above area average per sq ft
Potential ROI
+2.9%
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, Kent, ME16 8SL
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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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