Summary - GIBRALTAR HOUSE HOTEL, GIBRALTAR HILL ME4 4RZ
1 bed 1 bath Flat
Modern one‑bed flat with immediate rental income and river views, ideal for investors..
River views from open-plan living area
A well-presented one-bedroom apartment in Chatham Waters offering rental income and river views in a modern open-plan layout. The flat (approx. 560 sq ft) has a bright living space, integrated kitchen and large windows that take advantage of natural light — practical for daily living and attractive to tenants.
This is set within a student‑dense, multicultural neighbourhood with fast broadband and excellent mobile signal, making it appealing for investors targeting assured demand. The property is currently tenanted at £1,200pcm, so it provides immediate income but will limit vacant possession viewings until the tenancy ends.
Buyers should note material considerations: heating is by electric room heaters rather than central heating, and the area has higher crime and deprivation indicators. Annual service charge is £1,670.07 and ground rent £511.90 (RPI‑linked, reviewed every five years), which affect running costs. The lease is long (around 250 years remaining), and council tax is described as affordable.
Overall, the apartment suits investors seeking a turn‑key rental in a commuter-friendly location (direct trains to London) or first‑time buyers wanting a modern, manageable property — provided they accept the running costs and local area challenges.
1 bedroom flat for sale in Chatham Waters, North House, Gillingham Gate Road, Gillingham, ME4 — £220,000 • 1 bed • 1 bath • 635 ft²
1 bedroom flat for sale in Chatham Waters, North House, Gillingham Gate Road, Gillingham, ME4 — £220,000 • 1 bed • 1 bath • 560 ft²
1 bedroom flat for sale in Chatham Waters, South House, Gillingham Gate Road, Gillingham, ME4 — £225,000 • 1 bed • 1 bath • 549 ft²
1 bedroom flat for sale in Chatham Waters, North House, Gillingham Gate Road, Gillingham, ME4 — £210,000 • 1 bed • 1 bath • 635 ft²
1 bedroom flat for sale in Chatham Waters, North House, Gillingham Gate Road, Gillingham, ME4 — £215,000 • 1 bed • 1 bath • 635 ft²
1 bedroom flat for sale in Chatham Waters, South House, Gillingham Gate Road, Gillingham, ME4 — £215,000 • 1 bed • 1 bath • 614 ft²
