2-bedroom flat · ME4 3HD
For saleReduced £9.5k (−4.8%) on 18 SepListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Offered to the market with no onward chain , this beautifully presented two-bedroom apartment enjoys stunning water views and a highly desirable position on the sought-after St.
Mary's Island development.
The accommodation is bright, spacious and well maintained throughout, comprising a generous entrance hall, two well-proportioned bedrooms, an en-suite shower room to the principal bedroom, a modern family bathroom, and a spacious open-plan living area seamlessly incorporating the kitchen.
Large windows and a charming corner Juliet balcony allow natural light to flood the living space while making the most of the attractive waterside outlook.
Further benefits include allocated parking , double glazing, and a fantastic location within one of Medway's most desirable residential developments. St.
Mary's Island offers a unique lifestyle, combining waterside living with excellent local amenities.
Residents benefit from scenic riverside walks, a primary school, doctor's surgery, pharmacy, children's play areas, and convenient access to Chatham's mainline railway station, offering high-speed services to London.
The area also enjoys excellent road links via the A2 and M2 motorway network. An ideal first-time purchase, investment opportunity or downsize home, offered to the market chain free.
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 71 Watersmeet, Chatham
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