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The Penstocks, Maidstone, Kent, ME15

South East

£220,000

Listed on 16/07/2026

Property details

Bedrooms
2
Type
End Of Terrace
Area
606 sqft

Description

This two-bedroom end-of-terrace home in Maidstone offers a rare chance for those interested in making their mark on a property. While the home requires comprehensive updating, it provides a versatile layout featuring an entrance hall, a generous living room, and a kitchen that opens up to two spacious bedrooms and a family bathroom. The rear garden enhances the property's appeal, alongside available parking. With no onward chain, this residence is perfect for first-time buyers or investors seeking a renovation project in a desirable area close to local amenities and transport links.

Investment analysis

(ME15 area)

Below Market Value

This property is priced -1.0% below area average per sq ft

-1.0%
Potential saving
This Property
£363/sq ft
Area Average
£367/sq ft
Avg Rent (weekly)
£300
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£244,542
10% above area average per sq ft
Potential ROI
-2.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (ME15)

Area prices are stable by -1.9% over the last 12 months
3 year growth: -5.3%
5 year growth: +3.0%
Investment Disclaimer: Analysis based on ME15 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

The Penstocks, Maidstone, Kent, ME15
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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
£831
Based on a loan of £165,000 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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