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See how verdicts work3-bedroom flat · ME4 3JU
For saleReduced £30k (−10%) on 9 OctListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rare opportunity to acquire a stunning three bedroom, ground floor apartment of over 1500 sq.ft. In this sought after location offering spectacular views of River Medway.
Shops, restaurants, riverside walks, the cinema, the Historic Dockyard and Dickens World, are all within a short walking distance.
St Mary's Island is a vibrant destination and arguably one of the finest developments available in the area.
This well presented ground floor apartment offers open plan living with the kitchen offset from the main living area.
The beautifully designed fully-fitted kitchen features a host of integrated appliances; including double electric oven and ceramic hob and cooker hood, washer/dryer, fridge/freezer and dishwasher.
This property offers an enviable sense of open space and an abundance of natural light.
The kitchen is finished with white gloss cupboard doors and complimentary work surface with matching stone up-stand. There is a further good size reception room with an open plan conservatory.
The main bedroom includes fitted wardrobes, integrated lighting and a stunning en-suite shower room. There is a further two bedrooms, bathroom and entrance hallway which benefits from storage.
The apartments eco-friendly design will help keep bills low. Two allocated parking spaces are included.
St Mary's Island provides a stunning location, enjoying a convenient access to a wide range of facilities, as well as great road and rail links.
Within walking distance to three Universities, and surrounded by large corporate companies, it is a thriving location for business and education. Looking for retail therapy?
The Dockside Outlet centre is next door and Bluewater, one of Europe's largest shopping centres, is about 15 minutes' drive away.
The development is amongst a vibrant shopping and leisure area with cafes, restaurants, bar and multi-screen cinema giving this address the modern day lifestyle that is desired.
Arguably one of the finest developments available in the Medway towns, attracting a wide range of working professionals.
The Island is within easy reach of central London, with a direct service from Chatham to Victoria, Charring Cross and Cannon Street stations.
There is a shuttle bus from St Mary's Island to Chatham Station. The Ebbsfleet international links offer journey times of 17 minutes from Ebbsfleet to Kings Cross, St Pancras International.
The A2, M2, M25 and M20 motorways are all within close proximity, via the A289.
Restrictive covenant applied Tenure – leasehold Service charge - £300 per month Ground rent - £300 per annum Years remaining on on the lease – 102 years remaining EPC Rating – C Council tax band – F The information we hold for this property is obtained from the Vendor (the person or company selling the property).
Anyone interested in this property is advised to obtain verification on all points from their Solicitor or Surveyor.
Reference to the Tenure of this property is based on information supplied by the Vendor. Any Buyer(s) is/are advised to obtain verification from their Solicitor.
We have not tested any apparatus, equipment, fixtures and fittings and so cannot verify that they are in working order or fit for purpose.
Please do not rely on this information when deciding to proceed. Dockside are members of The Property Ombudsman & our Client Money Protection provider is Propertymark.
The information provided for this property has been supplied by the Vendor (the seller) and is believed to be accurate.
However, prospective buyers should rely on their own enquiries and obtain independent verification from their Solicitor or Surveyor regarding all aspects of the property, including tenure information.
Dockside has not tested any services, systems, appliances, fixtures, or fittings and therefore cannot confirm that they are in working order or fit for purpose.
Measurements, descriptions, and photographs are provided for guidance only and should not be relied upon when making a purchasing decision.
Dockside are members of The Property Ombudsman and our Client Money Protection provider is Propertymark.
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.
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FAQ
About 26 Cromarty House, Rivermead, St. Marys Island, Chatham
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