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Leasehold

Offers over

£165,000

(£414/sq. ft)

2 bed flat for sale

Stratford Lane, Gillingham ME8
2 beds
1 bath
1 reception
398 sq. ft
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Offers over

£165,000

(£414/sq. ft)

2 bed flat for sale
Stratford Lane, Gillingham ME8

    • 2 beds

    • 1 bath

    • 1 reception

    • 398 sq. ft

  • EPC Rating: C

Leasehold

About this property

  • On-Street Parking

  • Private Rear Garden

  • Buy-to-Let Opportunity

  • Tenants currently situated

  • Likely to attract enquiries from Serious Investors & Developers

  • Investment potential detailed below (Let Property Pack)

Our latest listing is a 2-bedroom flat located in Gillingham. It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This property features two bedrooms, a three-piece bathroom, a lounge, and a kitchen. Additional highlights include on-street parking and a private rear garden.

Investment details

It currently produces an annual gross income of £10,800, with tenants currently situated. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investor's property portfolio.

Please see the Let Property Pack linked below for greater details on this property's investment potential.

If you are interested, please call us.

Tenancy Details

The current tenants have been residing in the property for several years and have consistently paid their rent on time. They do not plan to move out and wish to continue their tenancy.

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.

More information

  • Tenure

    Leasehold (103 years)

  • Service charge

    £1,440 per year

  • Council tax band

    B

  • Ground rent

    £125

  • Ground rent date of next review

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