3-bedroom flat · ME4 3JN
For saleListed 73 days
Opportunity summary
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About
GUIDE PRICE £315,000-£325,000 Chatham Maritime. This luxurious split-level home combines generous room sizes, sleek contemporary finishes, and breathtaking panoramic views over the River Medway.
Property Highlights Premier Location: Situated on the exclusive St Mary's Island within Chatham Maritime. Turnkey Condition: Extensively modernised throughout with premium fixtures.
River Terrace: A substantial private Terrace directly overlooking the River Medway. Duplex Layout: Generous split-level design offering house-like proportions.
Living & Entertaining SpacesAn exceptional and fully modernised three-bedroom 1332 Sq ft.
duplex apartment situated in a highly desirable waterfront position on St Mary's Island, Luxury Kitchen/Diner (18'3 x 16'5 / 5.6m x 5.0m): A beautifully upgraded culinary space featuring high-end integrated appliances, premium gloss white cabinetry, and its own private balcony.
Sitting Room (20'3 x 14'10 / 6.2m x 4.5m): A grand, light-filled reception space perfect for relaxing or entertaining.
Main River Terrace (25'4 x 24'1 / 7.7m x 7.3m): An incredibly rare, oversized rooftop balcony accessed directly from the sitting room through bi-fold doors, showcasing spectacular views of the River Medway.
Bedrooms & Bathrooms Master Bedroom Suite: A top floor sanctuary complete with a sleek, fully modernised en-suite shower room.
Two Further Bedrooms: One measuring 15’11 x 9’1 with en suite shower room and the second measuring 14’7 x 7’8, both have built-in wardrobes and offer versatile, bright spaces ideal for family, guests, or a dedicated home office.
Family Bathroom: Stylised with high-quality contemporary tiling and modern sanitaryware. Parking Shannon House is built in a private cul-de-sac position with no passing traffic.
Lift access from secure underground garage.
Two allocated parking spaces with electric charging point 99 Years remain on the lease Ground Rent: £300.00 Per Annum Service Charges: (currently £342.00 per calendar month).
This is to be reviewed following the recent change to self-management of the building. No Forward Chain Location St.
Mary’s Island is a sustainable community with a village-like atmosphere, two marinas, a central park, a riverside walk, and a strong connection to its naval history through the Historic Dockyard Trust.
The Quay (a ten-minute walk from the apartment) offers restaurants, cafes, two public houses, as well as an outlet centre which includes The Range, a garden centre and a Marks & Spencer store.
Transport Information Train Stations: Gillingham 1.4 miles Strood 2.2 miles Rochester 2.2 miles The distances calculated are as the crow flies.
Local Schools Primary Schools: St Mary's Island Church of England (Aided) Primary School 0.4 miles Chattenden Primary School 1.2 miles Burnt Oak Primary School 1 mile Wainscott Primary School 1.6 miles Oasis Academy Skinner Street 1.3 miles Secondary Schools: Waterfront UTC 0.6 miles The Hundred of Hoo Academy 1 mile Rivermead School 1.3 miles Brompton Academy 1.7 miles Rochester Independent College 2.2 miles Information sourced from Rightmove (findaschool).
Please check with the local authority as to catchment areas and intake criteria.
Useful Information We recognise that buying a property is a big commitment and therefore recommend that you visit the local authority websites for more helpful information about the property and local area before proceeding.
Some information in these details are taken from third party sources. Should any of the information be critical in your decision making then please contact Clifton & Co for verification.
Tenure/Service Charge The vendor confirms to us that the property is leasehold.
We are advised by the vendor that the ground rent for the previous year was £300.00 per annum and the service charge for the previous year was £342.00 (per calendar month).
This will be reviewed under self-management of the building, which took effect from 24th August 2025. Should you proceed with the purchase of the property your solicitor must verify these details.
Council Tax We are informed this property is in Council tax band F, you should verify this with Medway Borough Council.
Appliances/Services The mention of any appliances and/or services within these particulars does not imply that they are in full efficient working order.
Measurements All measurements are approximate and therefore may be subject to a small margin of error.
Opening Hours Monday to Friday 9.00 am – 6.30 pm Saturday 9.00 am – 6.00 pm Viewing via Clifton & Co Hartley office. Ref HA/CD/JT/250916 - HAR250199/d1
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Phalarope Way, St. Marys Island, Chatham, Kent, ME4
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