Summary - Chatham Waters, South House, Gillingham Gate Road, Gillingham, ME4 ME4 4RS
2 bed 2 bath Flat
**Standout Features:**
- EWS1 Approved with long lease
- Currently tenanted, generating £1,475/month
- Scenic river views with floor-to-ceiling windows
- 24-hour gym access & beautifully landscaped communal garden
- EPC Rating: B
**Potential Downsides:**
- High crime rate in the area
- Annual service charge of £2,519 and ground rent of £512
- Deprived area classification
Discover contemporary living in this spacious 2-bedroom apartment located in the vibrant X1 Chatham Waters community. With a master en-suite and a fully equipped open-plan kitchen, it's designed for modern comfort and style. Flooded with natural light from floor-to-ceiling windows, enjoy uninterrupted river views that elevate your daily living experience. Perfect for investors, this property offers a solid monthly rental income of £1,475, with a gross yield of 7.1%, making it a compelling buy-to-let opportunity, especially given its current tenant in place.
While the location boasts high-demand rental potential, it's important to be aware of the elevated crime rates and annual costs associated, including a service charge and ground rent on the higher side. However, the property provides excellent connectivity to London, proximity to entertainment, shopping, and educational facilities, including reputable schools. Don't miss the chance to invest in a growing area with significant rental appeal—enquire today for more details!
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1 bedroom flat for sale in Chatham Waters, North House, Gillingham Gate Road, Gillingham, ME4 — £210,000 • 1 bed • 1 bath • 635 ft²
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