1-bedroom flat · ME7 1FW
For saleListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One Bedroom Fifth Floor furnished apartment with open plan living/dining room with private balcony, a high standard with private balcony, fitted kitchen incorporating appliances, double bedroom with fitted wardrobes and modern bathroom suite.
Includes Wi-Fi lounge, private parking and use of the gym facilities. Located on the popular Victory Pier Development with access to the Universities and local supermarkets.
Available Now Communal Entrance To Wi-fi Lounge Communal Wi-fi Lounge with television and seating. Access to gym facilities.
Entrance Hall Solid wooden front door, laminate flooring, electric radiator Lounge/Diner/Kitchen (7.28 m x 3.25 m (23'11" x 10'8")) Double glazed patio door to balcony, amtico flooring, Corner sofa, three coffee tables, side board, table and chairs, fitted kitchen with a range and wall and base units with integrated appliances, fridge, freezer, dishwasher, electric hob and oven integrated stainless steel sink unit.
Bedroom (3.02 m x 2.59 m (9'11" x 8'6")) Double glazed window to rear, built in double mirror sliderobes, double bed, carpets.
Bathroom Panel bath mixer taps with shower attachment, shower screen, low flush w.c., pedestal hand wash basin. Heated towel rail, tiled flooring.
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 505 the Boathouse Ocean Drive, Gillingham
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