Summary -
Flat 5 Stratford Court,Stratford Lane,Rainham,GILLINGHAM,ME8 8AP
ME8 8AP
2 bed 1 bath Flat
Income-producing apartment with tenant and private rear garden ideal for investors.
- Two bedrooms with a separate lounge and kitchen
- Private rear garden, rare for flats of this size
- On-street parking; no allocated off-street space
- Current gross rental income £10,800 pa; tenant in situ
- Small overall size (approx. 398 sq ft)
- Leasehold with 103 years remaining
- Buyers’ premium applies on purchase
- Average broadband speeds; excellent mobile signal
A compact two-bedroom leasehold flat in Rainham, offered with a sitting tenant producing a current gross rental income of £10,800 per year. The property includes a private rear garden and on-street parking, making it a straightforward buy-to-let addition for an investor seeking immediate income.
The flat is small (approx. 398 sq ft) and set in a traditional building with modernised elements. The 103-year lease provides long-term security, but the size limits rental and resale appeal to those seeking compact accommodation. Broadband speeds are average and mobile signal is excellent.
Important considerations: the property is sold with tenants in situ who wish to remain, so vacant possession cannot be guaranteed. A buyers’ premium will apply to secure the purchase. The communal-retirement classification locally and the compact layout mean the strongest interest is likely from investors or developers rather than families.
Overall this is a clear, income-generating opportunity for a landlord or portfolio buyer who prioritises yield and immediate tenancy over space. The purchase price and current rent level present a practical entry point into the local market, with scope for rental review or light updating in time.
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