2-bedroom flat · ME8 9QZ
Listing removedListed 280 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two-Bedroom First Floor Flat with Garage We are delighted to offer for sale this two-bedroom first floor flat, situated within a popular residential close and conveniently positioned for access to the M2 motorway.
The accommodation comprises one double bedroom and one single bedroom, a modern bathroom, and a spacious lounge/diner. The fitted kitchen provides ample storage and worktop space.
The original warm-air heating system has been replaced with a modern combination boiler and radiator system, with the former unit now offering useful additional hallway storage.
Externally, the property benefits from access to communal gardens and a garage en-bloc, located just around the corner.
Located on the outskirts of Rainham, the apartment is well placed for local amenities including Parkwood Shopping Centre, which offers a range of shops, fast-food outlets, and a health centre.
Excellent transport links are available, with easy access to the M2, local commuter coach services to London, Rainham mainline station approximately 2.6 miles away, and Hempstead Valley Shopping Centre around 1 mile from the property.
This property offers great potential and must be viewed to be fully appreciated. Early viewing is highly recommended.
Tenure - Leasehold Remaining Lease: 115 years Service Charge: £70 Annual Ground Rent: £200 EPC Rating - TBC Council tax band - B The information we hold for this property is obtained from the Vendor (the person or company selling the property).
Anyone interested in this property is advised to obtain verification on all points from their Solicitor or Surveyor.
Reference to the Tenure of this property is based on information supplied by the Vendor. Any Buyer(s) is/are advised to obtain verification from their Solicitor.
We have not tested any apparatus, equipment, fixtures and fittings and so cannot verify that they are in working order or fit for purpose.
Please do not rely on this information when deciding to proceed. Island Homes are members of The Property Ombudsman & our Client Money Protection provider is Propertymark.
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 Sedley Close, Gillingham, Kent, ME8
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