54 Clifford Way, Maidstone, Kent, ME16 8GD

Description

One bedroom second floor apartment. Located just a short walk from Maidstone High Street and offering scope for modernisation, this second floor apartment presents an excellent opportunity for an investor or owner occupier.

Accommodation

Second floor entrance hall, open plan living room, kitchen, bedroom and bathroom

Location

Clifford Way is conveniently positioned 0.45 miles from Maidstone West railway station, providing regular services into London. Maidstone High Street is within easy reach and offers a wide selection of shops, bars and restaurants, while the nearby M20 provides convenient road links, with London accessible in approximately an hour.

Tenure / Property Information

Investment Analysis

The strongest evidence is 64 Clifford Way, which sold for £81,000 on 30 October 2025. Its bedroom count, condition and precise comparability are not supplied, so this is only a limited indication. The other Clifford Way sales range from £156,000 to £315,000 but are older and lack size, bedroom and condition details, making them unreliable for this assessment. A base GDV of £81,000 is therefore used, with £70,000 as a cautious low scenario. At the £70,000 guide, the known buyer premium and admin charge total £2,880, leaving only £8,120 before refurbishment, legal, search, transfer and other possible charges against the £81,000 comparable evidence.

Investment Snapshot

Strategy Recommendation

Do not bid solely on the supplied evidence. Obtain the legal pack, service-charge and ground-rent information, confirm the precise modernisation scope and obtain rental evidence before considering a tightly capped purchase.

Works Required

Modernisation is stated to be required or appropriate, but no specific defects, specification or contractor quotations are supplied. The exact works and cost cannot therefore be estimated reliably.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £70,000 guide, the known purchase premium and admin charge bring the cost to £72,880 before works and other possible charges. A 75% refinance of the £81,000 base GDV would be £60,750, but total project cost and cash left in cannot be calculated because refurbishment and other costs are unknown.

Buy-to-Let Analysis

No sufficiently specific rental comparable or auctioneer rent estimate is provided, so rent and gross yield cannot be established. Service charge, ground rent and other lease costs are also not supplied.

Flip Analysis

The £81,000 base GDV provides only £8,120 of headroom over the £70,000 guide and known £2,880 auction charges, before refurbishment, selling costs and other possible charges. A reliable flip surplus cannot therefore be established and the margin appears limited.

Investor Risks & Due Diligence

• Modernisation scope and cost are unknown.

• No reliable rental evidence is supplied, preventing yield assessment.

• Service charge and ground rent information is absent.

• Additional search, seller, legal, transfer and other auction charges may apply.

• The main comparable lacks supplied bedroom, size and condition details, limiting GDV confidence.

• Leasehold obligations and legal-pack matters have not been reviewed.

Recommendation

Do not bid solely on the supplied evidence. Obtain the legal pack, service-charge and ground-rent information, confirm the precise modernisation scope and obtain rental evidence before considering a tightly capped purchase.

Strategy Rating

Analysis Confidence

There is one recent same-road completed sale and clear tenure, lease and auction-fee information, but bedroom and condition details for the comparable, refurbishment costs, rent, service charges, ground rent and other charges are unavailable.