2 bedroom flat for sale

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2 bedroom flat for sale

Maidstone Road, Rainham ME8
£240,000

Our Summary

  • An opportunity to acquire 2 studio flats, with an attractive yield and development potential
  • The vendor advises planning permission had been granted for this building to be converted into a 2 bedroom property, but building regs were not complied with
  • (All subject to planning, and verification by your
  • Potential For Development
  • Unique Investment Opportunity

Description

This property offers a unique opportunity to acquire two studio flats with potential for development and a attractive yield. The second flat, 2b, features a spacious living area, kitchen/breakfast room, and shower room, with two loft rooms upstairs. Although planning permission was previously granted to convert this building into a two-bedroom property, the work was not completed due to non-compliance with building regulations. However, a full-length dormer could potentially lift the prohibition order on the loft rooms, allowing for further development. This presents a chance for a buyer to take on the project and potentially increase the property's value.