Summary - 21, NEW ROAD DA11 0AA
9 bed 1 bath Commercial Property
**Standout Features:**
- Two retail shops with large basement spaces
- Five recently refurbished flats (2019)
- Prime town center location, opposite shopping centers with high foot traffic
- Excellent transport links, just a short walk from the railway station
- Attractive 6.5% net yield blended for investors
**Summary:**
This mixed-use Victorian property in the heart of Gravesend offers a compelling investment opportunity with two established retail units complemented by five newly refurbished flats. The vibrant town center location ensures consistent footfall, with nearby amenities including popular chains and essential services. Comprising a total of nine bedrooms and one bathroom, the flats present a comfortable living environment for young families and students—ideal for rental prospects given the urban cultural mix of the area.
Refurbished between 2018 and 2019, the flats feature modern finishes and communal areas, enhancing their appeal. Additionally, a large basement and rear access provide excellent storage and operational flexibility. However, potential buyers should be aware of the local area’s high crime rate and level of deprivation, which may impact insurance costs and tenant stability. This property combines investment potential with urban living comforts, making it a prime candidate for savvy investors or first-time buyers looking to take advantage of the regenerating Gravesend market before it heats up further. Don't miss out on this rare opportunity!
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