£245,000

2 bedroom flat for sale

Gillingham, ME4
flat flat
bedrooms 2 bedrooms
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Property description

4th Floor - Unit S4-10 - X1 Chatham Waters ! Do not miss out on this stunning and spacious 2 bedroom apartment with master en-suite and a fully equipped open plan kitchen!


Prime Buy-to-Let Investment – Tenanted 2-Bed Apartment with Scenic River Views.

X1 Sales & Lettings are delighted to offer this spacious and modern 2-bedroom apartment, an excellent turnkey investment opportunity with a tenant already in situ paying £1,475 per month.

This contemporary apartment boasts floor-to-ceiling windows that flood the open-plan living area with natural light, offering stunning scenic river views. The modern kitchen is well-equipped, making this an attractive home for tenants seeking both style and convenience.

Investment Highlights:
Monthly Rental Income: £1,475
Annual Rental Income: £17,700
Annual Costs:

Ground Rent: £512
Service Charge: £2,519
Lettings Management Fee: 9% + VAT
Gross Yield: 7.1% (Based on £245,000 asking price)
Net Yield: ~5.21% (after service charge, ground rent, and management fees)

Tenant Benefits & On-Site Amenities:
Beautifully landscaped communal garden
24-hour gym access

Close proximity to local supermarkets, transport links & entertainment
Prime Location:
44-minute train to London St Pancras
A short distance from Historic Rochester
1 mile from Gillingham Station
Nearby Dockside Shopping Centre, restaurants, and entertainment

Council Tax: Band D
EPC Rating: B

This is a fantastic hands-off investment in a high-demand rental area. Enquire today for more details or to arrange a viewing!

Contact X1 Sales & Lettings
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First listed

Over a month ago

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Gillingham, ME4

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X1 Sales and Lettings - Greater Manchester Unit 1, 9 Michigan Avenue Salford, Greater Manchester M50 2HA
Call agent on 0161 506 3018
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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by X1 Sales and Lettings - Greater Manchester. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact X1 Sales and Lettings - Greater Manchester for full details and further information.
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