1-bedroom flat · ME7 1GU
To rentListed 42 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Purple Property are proud to bring to the market this exclusive and unique executive apartment. They have been built to an extremely high specification. Oozing a contemporary plush feel throughout.
Upon entering the communal entrance lobby through to the individual apartments with secure gated entry and parking.
Simply stunning properties in a private development within walking distance of a mainline station, town and Medway Hospital.
Each apartment boasts an entry video phone system, built in washing machine and underfloor heating throughout. These apartments are available for a long term let.
The minute you walk into each individual apartment it is like walking into the most desirable residence you have ever seen. Pure luxury!
The apartments are up there with the best of the best and simply the first people to view will jump at the chance of this style of living Available 1st November Hardwood door to : Entrance hallway: Resin flooring, under floor heating.
Kitchen/lounge: 4.9m x 4.3m Double glazed window to rear x2, double glazed orangery, range of wall and base units with complimentary work surfaces and splash back, resin flooring, under floor heating, built in washing machine, fridge freezer, entry phone system with video entry, spot lighting, double glazed orangery roof.
Middle hallway: Resin flooring, under floor heating Bedroom: 3.3m x 3.6m Double glazed window to rear, carpet as laid, radiator, spot lighting, built on headboard.
Shower room: Double enclose walk in shower, low level WC, wash hand basin in set vanity unit, built in cupboard, tiled flooring, radiator, extractor fan. Cupboard housing boiler.
Outside: Secure gates for vehicle and pedestrians, secure allocated parking.
EPC rating: C council tax band: C rent: £1,150.00 pcm deposit: £1326.92 5 weeks rent holding deposit: £265.38 Monthly Rent X 12 months Divided by 52 Weeks
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
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Apartment 11, The Address Apartments, Gillingham
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