This well-maintained one-bedroom flat is located in Gravesend, within walking distance of various valuable amenities. It is ideal for investors seeking reliable, long-term returns. This is a brilliant opportunity for investors! The home is in excellent condition and offers one bedroom, a spacious lounge with views of the Thames River, a bathroom with three fixtures, and a parking area with a fee. Investment Details: The property currently generates an annual gross income of £9,300, which the new owner could increase to a market rate of £12,156 with the tenants currently situated. Given the purchase price, this makes it a worthwhile addition to any investor’s portfolio. Please see the Let Property Pack linked below for more details on this property’s investment potential. Tenancy Details: The current tenants have resided in the property for several years and have consistently paid their rent. They have no intentions of moving out and are keen to remain in the property. Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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