11 Malling Road, Snodland, Kent

Description

A two storey mid-terrace property located in the centre of Snodland situated between Maidstone and the Medway towns. The building is arranged as a commercial unit with two bedroom accommodation and is now in need of refurbishment. There may be the potential to sub-divide the property to provide a self-contained flat on the first floor and a self-contained commercial unit on the ground floor, subject to all the necessary consents being obtainable.

Accommodation

Ground Floor: Shop floor, living room and kitchen. First Floor: Landing, two bedrooms and bathroom with W.C. Outside: Garden to rear.

Location

Close to railway station. Located in the centre of Snodland, situated between Maidstone and the Medway towns.

Tenure / Property Information

Investment Analysis

The latest supplied same-road completed sale is £272,500 for 35 Malling Road, a terraced freehold property sold in November 2025. Other same-road sales range from £237,500 to £317,000, but the evidence does not state their bedroom counts, condition, commercial use or accommodation size. As 11 Malling Road is mixed commercial/residential and requires refurbishment, a reliable GDV cannot be established from these comparables alone.

Investment Snapshot

Strategy Recommendation

Proceed only after a survey, measured assessment, planning/building-control review of the proposed subdivision, and confirmation of all buyer and administration fees. On the supplied evidence, retain a cautious value-add/hold position rather than committing to a flip or BRRR bid.

Works Required

Refurbishment is required, but the supplied evidence does not identify specific defects or provide a cost plan. Investigate and price the proposed subdivision into a self-contained first-floor flat and ground-floor commercial unit, subject to required consents. Confirm EPC, heating, services and general condition before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be completed reliably because no refurbishment budget, robust GDV, fee schedule or finance costs are supplied. The latest same-road sale provides context only and is not sufficiently comparable to establish refinance value. Vacant possession may assist works, but the potential subdivision requires all necessary consents.

Buy-to-Let Analysis

The supplied rental evidence is one advertised asking rent of £1,400 pcm for a two-bedroom property in ME6, equating to £16,800 annually and 11.2% gross yield against the £150,000 guide. This is not an achieved rent and may not apply to the mixed commercial/residential configuration or the post-refurbishment accommodation. Net yield cannot be established because works, buyer fees, finance, tax and operating costs are unavailable.

Flip Analysis

A flip surplus cannot be calculated. The property needs refurbishment and may have subdivision potential, but no verified GDV, works allowance, selling costs or complete acquisition costs are available. Same-road sales should not be treated as a direct valuation without comparable size, condition and use evidence.

Investor Risks & Due Diligence

• The property is stated to need refurbishment, but its scope and cost are unknown.

• Subdivision into a self-contained flat and commercial unit is only potential and depends on obtaining all necessary consents.

• The £1,400 pcm figure is an advertised asking rent and may not apply to this mixed-use property.

• Buyer premium, administration charges, other non-optional fees, VAT, Stamp Duty and Land Registry costs are not quantified.

• EPC is to be confirmed, while heating and parking information is not supplied.

• The comparable sales lack sufficient detail on size, bedroom count, condition and use for a reliable GDV calculation.

Recommendation

Proceed only after a survey, measured assessment, planning/building-control review of the proposed subdivision, and confirmation of all buyer and administration fees. On the supplied evidence, retain a cautious value-add/hold position rather than committing to a flip or BRRR bid.

Strategy Rating

Analysis Confidence

There are several same-road completed sales and one advertised rental, but bedroom mix, floor area, condition, commercial value, refurbishment costs, consents and payable fees are not evidenced.