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See how verdicts work1-bedroom property · DA12 2DG
Sold STCReduced £20k (−25%) on 25 OctListed 310 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the charming development of Pilots Place, this delightful retirement property offers a perfect blend of comfort and convenience designed specifically for the over 60's.
This maisonette is ideal for those seeking a peaceful lifestyle with a sense of community.
Situated on the ground floor with it's own private entrance, and comprising lounge, bedroom, kitchen and bathroom, this home even boasts its own access to the communal gardens.
Viewing is highly recommended to appreciate what is really on offer.
Location: - Pilots Place is situated off East Terrace in a quiet area of Gravesend Town Centre and within easy access of the mainline railway station which offers services to London and the Kent Coast including a high speed train to St Pancras, or Ebbsfleet International Station offers a high speed service to London in just seventeen minutes.
Gravesend's famous Fort Gardens and General Gordon Promenade, alongside the Thames leisure area, are close by.
If you fancy a some retail therapy then Bluewater shopping complex is a bus or car ride away where there is also a choice of café bars and restaurants.
The A2, M2 and M20 Motorway links are easily accessible for those who drive. Description: - ASKING PRICE: £80,000-£90,000.
We are pleased to bring to market this one bedroom maisonette in a development designed for those over 60 years of age.
Comprising lounge, bathroom, double bedroom and kitchen along with access to the communal gardens and patio.
Benefits include communal lounge, where you can socialise with your neighbours, and various functions take place, a communal garden giving that important outside space, and a guest room which we understand can be booked in advance if you'd like to have visitors stay overnight.
We are advised by the residents that this is a well run development offering value for money.
Offering immediate vacant possession meaning no onward chain complications, the maisonette is located on the ground floor and ready to move in to.
The property is heated by electric storage heating and the windows are double glazed. We understand there is off street parking available by arrangement.
VIEWING HIGHLY RECOMMENDED Frontage: - Communal gardens to the front laid to lawn with gated entrance. Front door leading in to property. External cupboard with additional storage.
Lounge: - A spacious lounge accessed via the double glazed entrance door. Two night storage heaters. Carpeted floors. Double glazed window to the front of the property.
Access to the cupboard housing the electric consumer unit. Walk in cupboard with light. Decorative wood effect mantle piece. Hallway: - Carpeted floors. Access to bathroom, bedroom and kitchen.
Bathroom: - A white suite comprising panelled bath with Aquatronic shower. Low level w.c. and vanity basin with storage underneath. Towel rail. Vinyl flooring. Localised tiling to walls.
Bedroom: - Double glazed window to rear. Fitted wardrobes along one wall for convenient storage. Carpet floors. TV point and night storage heater. Kitchen: - Double glazed window to rear.
Built in cupboard with. Vinyl flooring. Beech wood wall and base units with black work surfaces. Localised tiling. Integrated fridge freezer. Cooke & Lewis ceramic hob, oven and extractor fan.
Stainless steel sink & drainer. Communal Gardens: - A private area for the residents that is accessed via your own entrance door in kitchen.
Patio area directly outside for you to enjoy and lawns maintained by the management company.
Communal Lounge: - This is where you can get together with your neighbours and socialise with a cup of coffee and where various activities and functions take place.
There is a communal kitchen area and w.c.. Tenure: - Leasehold Lease term 99 years from 30th June 1988. 60 years remaining.
We have been advised by the vendor that the service charges are as follows: Service Charges: £3,034.46 (2025/2026) Ground Rent: Peppercorn Services: - Mains Electricity, Mains Drainage, Mains Water Parking: - There is exclusive parking for Pilots Place residents in a gated car park located on Bentley Street.
Local Authority: - Gravesham Borough Council Council Tax Band B - £2313 for 2025-2026
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
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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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