*For Sale By Online PublicAuction 16th October 2025 09:30 AM. To inspect the legal documents for this property go to our website to download the legal pack*
A First Floor Two Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £15,600 Per Annum (Reflecting a Gross Initial Yield of 16.4%)
Tenure Leasehold. The property is held on a 125 year lease from 29th September 2001 (thus approximately 101 years unexpired).
Location The property is situated on a residential road in Gravesend City Centre, close to local shops and amenities. The open spaces of Riverside Leisure Area are within easy reach. Transport links are provided by Gravesend rail station.
Description The property comprises a first floor two bedroom flat situated within a purpose built block arranged over ground and three upper floors.
Accommodation First Floor Reception Room Kitchen Two Bedrooms Bathroom
Accommodation Exterior The property benefits from allocated parking.
Tenancy The property is subject to an Assured Shorthold Tenancy at a rent of £1,300 per calendar month.
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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