Long lease, allocated parking — ready-made investment in central Chatham..
Allocated off-street parking
Ground-floor one-bedroom flat, c.520 sq ft
Long lease: 975 years remaining
Currently tenanted — sale subject to existing tenancy
Service charge £120 pcm (below average)
Very high local crime; area classed as deprived
Built post-2007 with double glazing and gas central heating
Communal garden; average-sized rooms, limited internal space
A practical, low-entry investment in central Chatham, this one-bedroom ground-floor flat is offered with a long lease and an existing tenancy. The apartment totals approximately 520 sq ft and sits within a modern townhouse development built after 2007, with double glazing and mains gas central heating already in place.
Key attractions include an allocated off-street parking space, a communal garden and a below-average monthly service charge of £120. Broadband speeds and mobile signal are reported as good, and several well-rated primary and secondary schools lie within easy reach — factors that support rental demand in this area.
Buyers should note material local factors: the neighbourhood records very high crime levels and sits in a deprived area classification, which can affect tenant profiles and resale headline values. The property is currently tenanted, so any purchaser will inherit the existing tenancy and should check notice periods, rent level and deposit arrangements before committing.
Overall, this is a straightforward, modern leasehold flat aimed at investors seeking a hands-off rental with low service costs and long lease security. It will suit buyers comfortable managing a let in an urban area with known social challenges, or those planning modest refurbishment to improve rents and long-term capital gain.