1-bedroom flat · ME7 1GS
For saleReduced £20k (−12.5%) on 28 SepListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within Maritime House, this well-presented first-floor apartment offers modern living with the added benefit of its own private enclosed patio area.
The property is offered with no forward chain and is conveniently located approximately one mile from Gillingham Train Station, making it ideal for commuters.
With its modern interior and excellent location, this property is perfect for first-time buyers or investors. Viewing is highly recommended.
Key terms Discover the allure of Rainham and Gillingham, nestled in the heart of the Medway Towns.
These neighbouring communities offer a unique blend of tranquillity and convenience, with picturesque landscapes and excellent transport links, including direct train services to London city centre.
Residents benefit from a variety of shopping destinations such as Hempstead Valley Shopping Centre and Gillingham Business Retail Park, along with a plethora of local pubs and restaurants to enjoy.
Both towns boast well-respected schools, including Rainham Mark Grammar, ensuring quality education for families.
Moreover, Rainham and Gillingham provide ample open space and recreational facilities, including Capstone Country Park, Berengrave Nature Reserve, Riverside Country Park, the Planet Ice Skating Rink, the Ski & Snowboard Centre, and Great Lines Heritage Park.
This abundance of amenities caters to diverse interests and lifestyles, making these towns not just places to live, but communities to thrive in.
Entrance Hall (10' 6" x 4' 6" (3.2m x 1.37m)) Door to front. Storage cupboard. Radiator. Open Lounge Kitchen (11' 9" x 21' 9" (3.58m x 6.63m)) Double glazed patio doors to enclosed patio garden area.
Range of wall and base units with worktop over. Built in oven and hob. Integrated appliances. Laminate flooring. Radiator. Bedroom One (12' 9" x 10' 6" (3.89m x 3.2m)) Double glazed window to rear.
Laminate flooring. Radiator. Bathroom (6' 5" x 7' 1" (1.96m x 2.16m)) Low level WC. Vanity wash hand basin. Panelled bath with shower over. Tiled flooring. Heated towel rail. Rear Garden Patio area.
Lighting and electric supply.
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
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FAQ
About 20 Maritime House,, Ocean Drive, Kent
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