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The Weavers, Maidstone ME16

South East

£200,000

Listed on 16/06/2026

Property Details

Bedrooms
4
Type
Land
Area
1503 sqft

Description

This property presents a unique opportunity for developers and investors to secure a fully permitted building plot nestled within an established residential neighborhood in Maidstone. The site is strategically positioned within close proximity to essential local amenities such as schools, shopping facilities, hospitals, and public transport links, enhancing its appeal for future occupants. The approved plans allow for the construction of a substantial two-storey detached home with a total area of approximately 139.62 square meters, including a garage. As the final undeveloped parcel in this desirable estate, this plot holds significant potential for capital growth and development.

Investment Analysis

(ME16 area)

Below Market Value

This property is priced -63.2% below area average per sq ft

-63.2%
Potential saving
This Property
£133/sq ft
Area Average
£362/sq ft
Avg Rent (weekly)
£293
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£598,577
10% above area average per sq ft
Potential ROI
+87.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (ME16)

Area prices are falling by -4.8% over the last 12 months
3 year growth: -3.8%
5 year growth: +8.0%
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

The Weavers, 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
£756
Based on a loan of £150,000 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

This calculation uses non-residential (land/commercial) tax rates.

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