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Springfield Place in London Road, Sittingbourne, for sale for almost £6m

By: Joe Crossley jcrossley@thekmgroup.co.uk

Published: 11:06, 14 August 2024

Updated: 12:30, 14 August 2024

A block of flats is up for sale for almost £6 million.

The former office building now called Springfield Place, in London Road, Sittingbourne, has gone on the market.

Springfield Place in London Road, Sittingbourne. Picture: Google Maps

Also known as Economic House, the three-storey apartment building is next to Kamsons Pharmacy near the town centre.

It has a total of 35 flats, 30 one-bedroom, one three-bedroom and two two-bedroom.

It also was given planning permission for a two-storey extension for nine more flats and 20 extra parking spaces, adding onto the 39 that are already there.

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This was granted by Swale council in August 2020.

It had previously been an office building which had been granted permission by the authority in 1997.

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A CGI of what Springfield Place in London Road, Sittingbourne could look like if two storeys are added to the building. Picture: Mida Architecture

It was converted into an apartment block after a change of use application – which did not need council approval – in January 2019.

It is now being sold by Calibre Estates for £5,950,000.

The agents say the lot already generates an annual income of £402,900.

It added: “This investment is ideal for those looking to bolster their portfolio with a robust and promising asset in a sought-after location.”

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