2-bedroom flat · SP8 4AD
For saleReduced £10k (−11.8%) on 1 OctListed 623 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Connells are delighted to present this well-proportioned 2-bedroom ground floor apartment to the market in central Gillingham. Call Connells and book your viewing today!
Description Connells are delighted to present this well-proportioned 2-bedroom ground floor apartment to the market in central Gillingham.
Boasting a gorgeous river side view, this fantastic property is situated within walking distance to many of the local amenities like cafes, supermarkets, a leisure centre and a main line train station from Exeter to London Waterloo.
The property itself provides plenty of integrated storage options across its well-sized living areas and bedrooms and is presented to the market in a good condition, ensuring any buyer could move straight in.
Call Connells and book your viewing today! Entrance Hall The entrance hall has an electric heater, intercom system, smoke alarm and an airing cupboard.
Lounge 12' 7" max x 14' max ( 3.84m max x 4.27m max ) The lounge has two double glazed windows to the front of the property.
It has an electric fireplace, TV and telephone point, smoke alarm and an emergency assistance cord.
Kitchen 9' 1" max x 6' 10" max ( 2.77m max x 2.08m max ) The kitchen has both wall and base units, an electric oven, an extractor hood, a one bowl sink and drainer as well as the space for a washing machine and fridge freezer.
Bedroom 1 11' 10" max x 9' 10" max ( 3.61m max x 3.00m max ) Bedroom 1 has a double glazed window to the front of the property as well as a window to the side of the property.
It has an electric heater, double integrated wardrobe, and an emergency assistance cord.
Bedroom 2 9' 6" x 8' 3" ( 2.90m x 2.51m ) Bedroom 2 has a double glazed window to the side of the property as well as an emergency assistance cord.
Bathroom The bathroom has a double glazed, frosted window to the side of the property.
It has a WC, hand wash basin with wall and base cabinets, a shower cubicle with hand rails and a heated towel rail.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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 Flat 2, Barnaby Mill, Barnaby Mead, Gillingham
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