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Maidstone propery market on the rise

The Old Hospital development in Maidstone
The Old Hospital development in Maidstone

The property market in Maidstone is recovering as bespoke developments herald the return of buy-to-let investors.

Higgins Homes’ beautiful restoration project The Old Hospital in Maidstone is attracting investors such Fergus Alexander and restoring confidence in bricks and mortar.

Fergus, a 45-year-old lawyer who works in London, said: “Having lived in or around Maidstone for 20 years I know the local property market very well, so when I heard about The Old Hospital I knew that if it was developed sympathetically it would be a unique place and an ideal investment opportunity.

“The original site is in a perfect location as it is a quiet road, but within a short walking distance of the main high street and other amenities.

“Higgins Homes has an excellent reputation and the flat I have purchased is bespoke and finished to a very high standard. Everything is top quality, both inside and out.

"It possesses all the high-tech gadgets one could need and also has great environmental credentials, such as a heat recovery unit. I would only buy something where I would happily live myself.

“I see this property as secure, long term investment. I was really pleased when I heard that The Old Hospital was being progressed, and was the first in line when the apartments were available to view.

"I have no doubt that the flat will command a premium rental and attract a tenant who wants the best.”

The Old Hospital, the former Ophthalmic and Aural Hospital, is a collection of Grade II listed buildings, which have been carefully restored and converted into 17 one and two-bedroom luxury apartments by award winning house builder, Higgins Homes

Set around a landscaped courtyard, 57 new homes are also being created on the site, behind the High Street, just off Church Street. The apartments are all fitted with contemporary kitchens from leading designer Urban Myth and are heated with an eco-friendly air-driven heat exchange system – one of the reasons why the development received a Very Good rating under Code 3 of The Code for Sustainable Homes.

Prices start at £129,950 for a one-bedroom apartment and £169,500 for a two-bedroom apartment. To view or for more details call 01438 746 930.

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