2-bedroom flat · ME4 4RH
Listing removedReduced £30 (−2.7%) on 24 AugListed 216 days · slow let
Opportunity summary
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About
Spacious One Bedroom Flat with One Study *First Floor Apartment* *Integrated Fridge/Freezer* *Washing Machine* *Available April* * Smart WiFi-enabled radiators* *Air Conditioning* *Council Car park Permits only - no allocated parking* *2 Mins Walk to Chatham Train & Bus Station* This stylish and modern 1 Bedroom & 1 Study Flat is perfectly located on Railway Street, just a short walk from Chatham train and bus stations, offering excellent transport links.
With contemporary interiors, a bright and spacious layout, and close proximity to shops, restaurants, and local amenities, this flat is ideal for professionals or couples looking for convenience and comfort.
Our Requests - Professionals UK Homeowner Guarantor *Additional Information* Holding Deposit - £253 dps deposit - £1326 Council Tax Medway band - A Utility - Water & Electric - No gas Please request a copy of our Tenant Fee List that outlines costs relating to completing a typical tenancy with us Tenant Fee List One Weeks Holding Fee - Calculated (Rent x12÷52) Security Deposit equivalent to 5 weeks rent - Annual rent ÷ 52 x 5.
This covers damages or defaults on the part of the tenant during the tenancy. Held with dps Custodial scheme. Security Deposit equivalent to 4 weeks rent - for Room only tenancies - Monthly rent x 1.
This covers damages or defaults on the part of the tenant during the tenancy.
Unpaid Rent Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent.
Please Note: This will not be levied until the rent is more than 14 days in arrears.
Lost Key(s) or other Security Device(s) - Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s).
If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons.
Requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).
Variation of Contract - (Tenants Request) £50.00 per agreed variation To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.
Change of Sharer - (Tenants Request) £50.00 per replacement tenant or any reasonable costs incurred if higher.
To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
The tenant will be responsible for utility bills, council tax and tv license.
Excludes Rooms in Shared Accommodation Early Termination - (Tenants Request) - Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy.
These costs will be no more than the maximum amount of rent outstanding on the tenancy Member of - Property Redress Scheme Client Money - Arla Propertymark protected
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 1, 39A Railway Street, Chatham
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