Compact investment near station and riverside, chain-free.
Allocated off-street parking space for one vehicle
A compact one-bedroom first-floor conversion in central Gravesend offering immediate buy-to-let potential. The flat sits a short walk from the town centre, train station and the riverside, and includes one allocated off-street parking space — a rare convenience for town centre units.
The accommodation totals about 442 sq ft and will need updating throughout, so there is clear scope to add value through a modest refurbishment. Service charge and ground rent are low, and the property is being sold chain free, which supports a quick sale or letting.
Important cautions: the lease has approximately 66 years remaining — lenders can be reluctant to mortgage properties with short leases, which will affect purchasing options and price negotiations. The wider area records high crime levels and significant deprivation, factors that buyers and investors should weigh when forecasting rental demand and yields.
Overall, this is a straightforward, entry-level investment for a buyer who can manage refurbishment and lease advice. Its central location, parking and proximity to good schools and transport make it attractive, but the short lease and neighbourhood challenges are material issues to resolve before purchase.
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