Terraced house for sale in Milton Road, Gravesend DA12

Detailed Description

Investment Opportunity: Freehold Property in Gravesend
Guide Price: £395,000

This freehold property offers an exceptional investment opportunity, comprising three individual flats, all currently tenanted under Assured Shorthold Tenancies (ASTs). The combined monthly rental income for these flats is an attractive £2,750. Located within walking distance to Gravesend town centre and the train station, this property is ideally situated for tenants seeking convenience and connectivity.

Property Details:

Mid-Floor Flat

Type: 1 Bedroom Flat
Total Floor Area: 38 square metres
Key Feature: Middle flat includes access to a private garden, providing a unique selling point and added value for tenants.
Top-Floor Maisonette

Type: 1 Bedroom Maisonette
Total Floor Area: 52 square metres
Key Feature: Spacious layout with additional floor area, offering ample living space and privacy.
Basement Flat

Type: 1 Bedroom Flat
Total Floor Area: 33 square metres
Key Feature: Cosy and compact living space, ideal for single occupants or couples.
Location:
Situated in a prime location, this property is just a short walk from the heart of Gravesend town centre and its main train station. Tenants benefit from easy access to local amenities, shops, restaurants, and excellent transport links, making this property highly desirable and easy to let.

Investment Highlights:

Freehold Property: Complete ownership with no ground rent or service charges.
Tenanted Flats: All three flats are currently tenanted, providing immediate rental income.
High Yield Potential: Monthly rental income of £2,750, translating to a strong yield for investors.
Desirable Location: Proximity to town centre and train station enhances tenant appeal and reduces vacancy rates.

This property presents a rare opportunity to acquire a freehold investment with immediate rental returns and strong future potential. Contact us today to arrange a viewing and secure this outstanding investment opportunity.