Lot 171 Residential Investment With PotentialAuction Date:
18th September 2025
19 College Road, Maidstone, Kent, ME15 6YH
Currently let at £61,320 per annum
A substantial freehold detached property located a short distance from Maidstone town centre with its wide range of local amenities, including national and local retailers, schools, supermarkets and railway stations.
The property is currently arranged as a HMO generating a current income of £30,600 per annum and four studios generating a current rent of £30,720 per annum. It is thought that the property may offer potential for conversion, subject to all necessary consents being obtainable.
Local Planning Authority
Maidstone Borough Council. Tel: 01622 602736. Website: maidstone.gov.uk.
Accommodation
Main House - HMO
Ground Floor
Entrance hall, bedroom one with kitchenette, bedroom two, separate W.C, two shower rooms, bedroom three and bedroom four.
First Floor
Bedroom five, bathroom with W.C., bedroom six, bedroom seven with kitchenette and bedroom eight with kitchenette.
Tenancies
Ground Floor
Bedroom 1 - currently vacant.
Bedroom 2 - currently let on an Assured Shorthold Tenancy Agreement at a current rental of £480 per month.
Bedroom 3 - currently vacant.
Bedroom 4 - currently let on an Assured Shorthold Tenancy Agreement at a current rental of £510 per month.
First Floor
Bedroom 5 - currently let on an Assured Shorthold Tenancy Agreement at a current rental of £110 per week.
Bedroom 6 - currently vacant.
Bedroom 7 - currently let on an Assured Shorthold Tenancy Agreement at a current rental of £130 per week.
Bedroom 8 - currently let on an Assured Shorthold Tenancy Agreement at a current rental of £120 per week.
Annexe - Four Studio Flats
Ground Floor
Flat A
Kitchen/bedroom with shower and W.C.
Tenancy
Currently let on an Assured Shorthold Tenancy Agreement at a current rental of £635 per calendar month.
Flat B
Kitchen/bedroom with shower and W.C.
Tenancy
Currently let on an Assured Shorthold Tenancy Agreement at a current rental of £635 per calendar month.
First Floor
Flat C
Kitchen/bedroom with shower and W.C.
Tenancy
Currently let on an Assured Shorthold Tenancy Agreement at a current rental of £655 per calendar month.
Flat D
Kitchen/bedroom with shower and W.C.
Tenancy
Currently let on an Assured Shorthold Tenancy Agreement at a current rental of £635 per calendar month.
Outside
Carpark to rear.
Council Tax Bands
Main Building - E.
Each Studio - A.
EPC Ratings
Main Building E and all Studio Flats Rating C.
There is an addendum available to be read
in conjunction with the legal documentation.
Important
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.
* Price Information
Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
Additional Fees
An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.
All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to Buyers Fees
