11 bed detached house for sale

Loose Road, Maidstone ME15

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £690,000


Substantial 11 bedroom HMO investment on the Maidstone/Loose borders, offering versatile accommodation with three kitchens, three bathrooms, office & expansive loft room. Large gardens, off street parking & licences granted until 2028. No onward chain with excellent long-term investment potential.

Ben Siggins Estate Agents are pleased to present this substantial 11-bedroom HMO investment opportunity, ideally positioned on the Maidstone/Loose borders and offered to the market with no onward chain.

Occupying a generous plot, the property offers a highly versatile layout arranged to suit large-scale shared accommodation, with licences granted through until 2028, making it an attractive proposition for investors seeking an established and sizeable income-producing asset.

The accommodation comprises 11 bedrooms, supported by three kitchens and three bathrooms, along with an office space and an expansive loft room, providing flexibility for a range of operational configurations.

Externally, the property benefits from off-street parking, extensive gardens to the rear, and ample outdoor space rarely found with properties of this nature. The gardens offer scope for further enhancement or communal outdoor use, while the overall plot size adds to the long-term appeal.

The location provides convenient access to Maidstone town centre, local amenities, transport links, and the surrounding Loose area, making it well placed for tenant demand.

A rare opportunity to acquire a large and established HMO in a sought-after and well-connected location.

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.
These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.