Summary - PALACE COURT FLAT 9 WATLING STREET CHATHAM ME5 7ES
2 bed 2 bath Maisonette
Cash buyers or investors only — refurbishment potential in a central location.
Two double bedrooms and two bathrooms in a split-level maisonette
This split-level, two-bedroom maisonette offers 883 sq ft of average-sized living across a duplex layout with two bathrooms — practical for rental or sharers. The living room is bright and recently plastered with modern spot lighting; the property benefits from fast broadband and excellent mobile signal, handy for tenants or home workers.
Buyers should be aware the lease has 55 years remaining. Many mortgage lenders will refuse to lend on this term, so purchase is likely only suitable for cash buyers or investors prepared to use specialist finance. External pipework shows damp staining and the original solid brick walls likely lack cavity insulation, so some fabric and energy-efficiency work may be required.
Located in a busy urban area with many local amenities and a nearby station, the maisonette sits in a neighbourhood of terraces and flats popular with families and commuters. Council tax is low and ground rent is modest at £30 per year, but EPC rating D(61) reflects scope for improvement through refurbishment.
For an investor or buyer who can manage the lease issue, this property presents sensible rental potential and straightforward refurbishment opportunities to increase comfort and value. For those needing standard mortgage finance, confirm lending eligibility before committing.
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