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See how verdicts work2-bedroom flat · SP8 4AD
Listing removedListed 145 days
Opportunity summary
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About
A beautifully presented second floor retirement apartment, ideally positioned within a popular and well maintained development in the heart of Gillingham.
The property enjoys a particularly convenient location, with the town centre close at hand and a range of shops, cafés, medical facilities and everyday amenities all within easy walking distance, making it an attractive option for those seeking both independence and ease of living.
The apartment has been improved by the current owner and offers light, comfortable accommodation throughout, complemented by replacement windows and Juliet balcony doors which enhance natural light and outlook.
The development itself is thoughtfully laid out, benefitting from lift access, well kept communal areas and attractive riverside gardens which provide a pleasant and peaceful environment for residents to enjoy.
The accommodation is well balanced, including a generous sitting room with Juliet balcony, a kitchen arranged to create a more open feel, two bedrooms and a shower room, all accessed from a central hallway.
Combined with the convenient setting and well managed surroundings, this is a comfortable and practical home within a popular retirement development.
Accommodation Inside The apartment is accessed via a communal entrance with stairs and lift rising to the second floor.
The private entrance hall provides access to all accommodation and includes useful storage.
The sitting room is a comfortable and light-filled space, arranged to allow both seating and dining furniture if required.
Doors open to a Juliet balcony, bringing in natural light and allowing views across the communal grounds and towards the river, enhancing the sense of space and outlook.
Leading from the sitting room is the kitchen, which has been designed to create a more open plan feel while remaining practical.
The kitchen is fitted with a modern range of units with solid work surfaces and benefits from natural light.
A slimline dishwasher and freestanding washing machine will be included in the sale, adding to the convenience of the layout.
There are two bedrooms, both well proportioned and suitable for a range of furniture layouts.
The principal bedroom offers a comfortable double room, while the second bedroom provides flexibility for guests, hobbies or additional storage.
The shower room is fitted with a modern suite and serves the apartment well, positioned conveniently off the hallway.
Parking And Communal Garden Residents have the use of well kept communal gardens, which are laid out alongside the river and provide an attractive and peaceful setting.
The gardens offer a pleasant place to sit and enjoy the surroundings, while still being moments from the town centre. This apartment has its own allocated parking space.
Useful Information Energy Efficiency Rating C Council Tax Band C Electric Heating uPVC Double Glazed Mains Drainage Leasehold - 93 years left on the lease ( 125 years from December 1982) Charges - Ground Rent £350 per annum and Service Charge £3,980 per annum(2023) No Onward Chain Location And Directions Leave the Gillingham office and follow the road down the High Street passing Lloyds' TSB on your right.
Just after the church turn right into Barnaby Mead and the apartments will be on the left hand side. What3words - ///stud.enter.prominent Postcode - SP8 4AD
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Flat 25, Barnaby Mill, Gillingham
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