Melville Road, Maidstone
CO

Melville Road, Maidstone

By Connells

£ 250,000

Reviews

2 out of 5 stars

Connells says ..

This Two bedroom terrace property, with an open plan kitchen/diner separate living room. The property also benefits from a town centre location. With no onward Chain. Call Connells to view this property now!

Property Oracle says ..

This two-bedroom terraced house in Maidstone, Kent, presents a mixed picture for potential buyers. The property’s location on Melville Road, close to the High Street, offers excellent access to local amenities, schools, and transport links. The proximity to Maidstone East and West train stations is a considerable plus for commuters. However, the property’s condition requires significant attention. The supplied photographs clearly illustrate that the interior needs extensive renovation. The walls exhibit noticeable damp patches in multiple rooms, and the carpets and bathroom are outdated and require a complete overhaul. The small garden also needs significant landscaping.

Considering the need for substantial renovations, the asking price of £250,000 might be considered slightly on the higher end compared to similar properties in the area, especially given the absence of detailed data on nearby sales, particularly concerning square footage. Therefore, a prospective buyer would need to factor in the considerable cost of renovation before concluding on the overall value. The property could represent an attractive investment opportunity for buyers willing to undertake a significant refurbishment, but the considerable work required cannot be overlooked.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
1,000.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
354,953.00 £
Decreased by 14.56 %
from 415,437.00 £
Est sale value
486,000.00 £
Decreased by 19.93 %
from 607,000.00 £
Average area rental value
1,438.00 £/mo
Increased by 4.73 %
from 1,373.00 £/mo
Est letting value
1,000.00 £/mo
Decreased by 50.00 %
from 2,000.00 £/mo
Est rental Yield
4.86 %
Increased by 22.42 %
from 3.97 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Connells created the listing.

Nearby Schools

NameTypeOfstedDistance
South Borough Primary SchoolAcademy ConverterGood0.49 KM
Maidstone Grammar SchoolFoundation SchoolGood0.53 KM
Sunshine Children'S CentreChildren's Centre0.56 KM
Mepa Academy LimitedOther Independent School0.98 KM
Valley Invicta Primary School At East BoroughAcademy Converter1.08 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Woodville Road £ 000.00 KM
Mote Road £ 000.00 KM
Armstrong Road £ 475,00000.00 KM
Sittingbourne Road £ 680,00000.00 KM
Tufton Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Maidstone East5115MDE1.26 KM
Maidstone West5222MDW1.29 KM
Maidstone Barracks5237MDB1.77 KM
East Farleigh5234EFL4.92 KM
Bearsted5091BSD5.63 KM

Nearby Listings

AddressPriceTypeScoreDistance
Melville Road, Maidstone £ 250,000BUY5 / 100.00 KM
Melville Road, Maidstone £ 200,000BUY5 / 100.00 KM
Melville Road, Maidstone, Kent, ME15 £ 240,000BUY4 / 100.00 KM
Melville Road, Maidstone £ 260,000BUY5 / 100.05 KM
Kingsley Road, Maidstone, Kent £ 270,000BUYUnknown0.10 KM

Nearby Properties

AddressPriceDistance
62 Melville Road £ 116,0000.00 KM
113 Melville Road £ 190,5000.00 KM
121 Melville Road £ 25,5000.00 KM
68 Melville Road £ 250,0000.00 KM
81 Melville Road £ 195,0000.00 KM