Chain-free central flat near Chatham station — ideal first home or buy-to-let opportunity..
- Chain-free one-bedroom flat, approximately 405 sq ft
- Central High Street location, ~10-minute walk to Chatham station
- Modern kitchen and bathroom; bright open-plan room with sash windows
- Leasehold property; sold by Modern Method of Auction (see fees)
- Non-refundable reservation fee 4.5% (min £6,600) plus buyer pack fee
- Electric storage heating; likely solid brick walls with no insulation
- Small size and linear layout — best for single/couple or investor
- Local area: high crime rates and deprived classification
A compact, chain-free one-bedroom flat in the heart of Chatham, ideal for a first-time buyer or investor seeking a central, low-maintenance home. The flat sits in a Victorian brick building with sash windows, an open-plan living/kitchen and a modern bathroom. It benefits from a short walk to Chatham station with direct high-speed links to London and immediate access to High Street shops and amenities.
Practical points: the property is leasehold and will be sold by auction using the Modern Method of Auction. Buyers must review a Buyer Information Pack (fee applies) and pay a non-refundable reservation fee of 4.5% (minimum £6,600) on exchange; allow for these additional costs when budgeting. Completion is required within a 56-day reservation period.
There are clear running-cost and comfort considerations: heating is by electric storage heaters and walls are likely solid brick with no cavity insulation, which can mean higher energy bills and colder periods. The flat is small (approx. 405 sq ft) and layout is linear, so it suits single occupancy or a couple rather than a family. The surrounding area has high crime levels and is classified as deprived and a cosmopolitan, student/neighbourhood mix — factors to weigh for long-term living or lettings prospects.
For buyers focused on location and transport links, the flat is a practical, affordable entry into the Chatham market. Investors should factor in potential energy-performance upgrades and local demand dynamics; first-time buyers should check mortgage options and inspect carefully with lenders before bidding at auction.