1-bedroom flat · ME8 8AY
For saleListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented one bedroom top floor flat, located close to shops & transport links making it appealing to buy to let investors and first-time buyers alike.
Bathed in natural light throughout, this light and airy apartment is tastefully decorated in neutral tones and offers a spacious and well- proportioned living and dining room, modern fitted kitchen and larger than expected bedroom with fitted wardrobes.
The bathroom is well appointed and boasts one of two skylights in the property keeping the light flowing in all rooms even on those gloomy days.
Additional benefits include allocated parking to the rear, double glazing & gas central heating.
Tenure Leasehold Lease Length 125 years from 30 September 1994 93 Years Remaining Ground Rent N/A Service Charge £840 pa Local Authority Medway Tax Band B Energy Efficiency Rating E
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Flat 7, Axford Court, 231, High Street, Gillingham
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