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See how verdicts work1-bedroom flat · ME8 9LJ
For saleReduced £20k (−13.3%) on 22 OctListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LambornHill are delighted to offer to the market this one-bedroom ground floor flat, situated within a quiet no-through road in a popular residential area of Rainham.
Offering practical and low-maintenance accommodation, the property represents an excellent opportunity for first-time buyers looking to step onto the property ladder, as well as investors seeking a straightforward buy-to-let addition to their portfolio.
Property Overview The accommodation comprises a welcoming entrance hall leading through to a bright and spacious open-plan kitchen/lounge area, creating a sociable living environment perfectly suited to modern lifestyles.
The layout maximises the available space and provides ample room for both relaxing and entertaining.
The property further benefits from a generous double bedroom and a well-appointed bathroom, offering practical and comfortable accommodation throughout.
The ground floor position adds to the property's appeal, providing easy access and convenience for a wide range of buyers.
Externally, residents benefit from allocated parking, while the peaceful position within Gregory Close offers a pleasant setting away from passing traffic.
Local shops, amenities, bus routes and transport links are all within easy reach, making this an ideal home for commuters and those seeking everyday convenience.
Whether you are searching for your first home, looking to downsize, or seeking a ready-made investment opportunity, this attractive apartment offers excellent value in a desirable location.
About The Area Gregory Close is a peaceful residential cul-de-sac situated within the highly regarded Parkwood area of Rainham.
Popular with professionals, first-time buyers and downsizers alike, the location offers a balance of convenience, community and accessibility.
Residents benefit from a range of nearby amenities including local shops, supermarkets, cafés, healthcare facilities and leisure amenities, all within easy reach.
The nearby Parkwood Shopping Centre caters for everyday needs, while Hempstead Valley Shopping Centre is only a short drive away and offers an extensive range of retail, dining and entertainment options.
For commuters, Rainham railway station provides regular services to London and the Kent coast, while excellent road links via the A2, M2 and M20 make travelling throughout the region straightforward.
The area is also well served by local parks, walking routes and recreational facilities, creating plenty of opportunities to enjoy the outdoors.
Combining a quiet residential setting with excellent access to amenities and transport links, Gregory Close remains a popular choice for buyers seeking convenience and long-term appeal.
Porch Lounge (4.27m x 3.05m, 0.30m (14' x 10,01)) Kitchen (4.01m x 2.16m (13'02 x 7'01)) Bedroom (4.01m x 2.95m (13'02 x 9'08)) Bathroom About Lambornhill Our agency has grown steadily over the years, built on a foundation of recommendations, reputation, and respect.
Since 2009, we have been helping buyers, sellers, landlords, and tenants navigate the property market in Sittingbourne and the wider Swale area.
Our experienced team is dedicated to providing expert advice, tailored solutions, and a seamless property journey.
With a strong local reputation built on trust and results, we are here to make your next move a success. Contact us today and experience the LambornHill difference.
- Lets Keep It Local, Lets Keep It Lambornhill!
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Flat 12, Gregory Close, Gillingham
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