Ready-made rental with strong yield and long lease.
Allocated off-street parking for one vehicle
This ground-floor one-bedroom apartment in Chatham is presented as a ready-made investment, currently producing £850pcm. The modern layout and allocated off-street parking are practical draws for tenants, and the long 975-year lease removes common leasehold concerns.
Service charges are modest at £120 per month and council tax is very cheap, helping net returns. Broadband and mobile signals are strong, and the property sits in a built-after-2007 development with double glazing and gas central heating, reducing immediate refurbishment needs.
Location provides easy access to schools and local amenities, and a communal garden adds outdoor space for residents. Buyers should note the area has high recorded crime and is classified as deprived; this can affect tenant mix, management needs and long-term capital growth.
For investors seeking an income-producing, low-maintenance one-bed with long lease security and parking, this apartment is practical. Buyers planning owner-occupation should consider the current tenancy and local area statistics before proceeding.
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