Flat for sale in Richmond Road, Gillingham ME7

Offers over £120,000
Interested in this property? Call +44 161 506 8681 * or Request Details

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Flat for sale - 1 bedroom

1 1

Tenure:
Leasehold
Time remaining on lease:
89 years
Service charge:
Not available
Ground rent:
Not available
Council tax band:
Not available

Utilities and more details

Property features

  • Net Rental Yield - 9%
  • Local to Gillingham Railway Station
  • EPC - C
  • Council Tax Band - A
  • Local to Gillingham High Street
  • Leaseterm 89 Years
  • Ground Rent & Service Charge - ?50 pcm

Property description

Discover a fantastic investment opportunity with this well-presented 1-bedroom flat in the thriving area of Gillingham, Kent. Offering an impressive 9% net rental yield, this property is perfect for investors seeking high returns in a dynamic and rapidly growing location.

Upon entry, a welcoming hallway leads to a generously proportioned and inviting lounge, ideal for both relaxing and entertaining. Adjacent to the lounge, you'll find a spacious double bedroom with ample storage, ensuring a clutter-free living space. The well-presented kitchen offers plenty of counter space, combining practicality with style. This flows through to a contemporary bathroom, thoughtfully designed to maximise tenant comfort and satisfaction.

The area offers a wealth of local attractions and excellent transport links. You?ll be close to the vibrant High Street in Gillingham, where you can explore a variety of shops, caf?s, and eateries. For leisure, Medway Park and Gillingham Golf Club are nearby, providing great options for recreation. History enthusiasts will appreciate the nearby Historic Dockyard Chatham and its fascinating maritime exhibits. Commuters will benefit from Gillingham Railway Station, offering regular services to London Victoria and connections to other major destinations. Additionally, the A2 and M2 motorways are easily accessible, making travel straightforward. This combination of convenience and local amenities makes the area highly attractive to potential tenants.

Please be aware that any systems, appliances, or services depicted in photographs have not been tested by us and are subject to a fixtures and fittings agreement with the seller.

Please be aware that any systems, appliances, or services depicted in photographs have not been tested by us and are subject to a fixtures and fittings agreement with the seller.

To secure this property in accordance with our terms, a ?2,500 deposit will be required, which will be deducted from the purchase price. Additionally, there is a non-refundable Reservation Fee of ?420 inc VAT, which is separate from the purchase price.

All cash buyers are required to indemnify searches and surveys as outlined in our terms and conditions.

Upon acceptance of your offer, our appointed solicitor will be formally instructed to oversee the sale process on your behalf, ensuring a smooth and efficient transaction.

Floorplan(s): Floorplan 1

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For more information about this property, please contact
House Sales Direct, L2 on +44 161 506 8681 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by House Sales Direct, and do not constitute property particulars. Please contact House Sales Direct for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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