2-bedroom flat · ME4 3AY
Sold STCListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom furnished apartment located on the sought -after St Mary's Island with a balcony giving stunning waterside views. The bedrooms are both doubles with one benefitting from an en suite.
The living space is open plan with the kitchen featuring a breakfast bar and built in oven, hob and fridge freezer. The apartment features two off-road parking perfect for convenience.
The location is highly desirable, offering scenic views, access to community facilities, and proximity to local historical sites.
The apartment is just a short distance from the Dockside Outlet Shopping Centre, restaurants, and leisure amenities. Waterfront access and recreational areas make it perfect for outdoor enthusiasts.
With various primary and secondary schools nearby, including the well-regarded St. Mary’s Island Primary School, this home is ideal for families.
Parks and green spaces are abundant in the Medway area, offering plenty of opportunities for relaxation and outdoor activities.
Additionally, providing easy access to London via the A2/M2, and direct trains in 39 minutes making it ideal for commuters.
Tenure: Leasehold Lease length remaining: 243 years Ground rent: £305 per annum Service charge: £1,680.00 per annum Council tax band: E EPC Grade: B 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.
Area
Agent & docs

FAQ
About Ripplewaters, St. Marys Island, Chatham, ME4
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