1-bedroom flat · ME7 1GS
For saleReduced £35k (−20%) on 1 OctListed 147 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** guide price £175,000 - £199,999 ** This beautifully presented one-bedroom apartment is perfectly positioned within the sought-after Maritime House development and offers modern coastal living with stunning views from its private balcony.
Ready to move straight into, this property would make an ideal first-time purchase, investment opportunity, or downsize home.
The accommodation comprises a spacious entrance hallway, a luxurious boutique style bathroom, generous double bedroom, high spec kitchen with integrated appliances included, and an open-plan living/dining room creating the perfect space for relaxing or entertaining.
The living area leads directly onto a private balcony where you can enjoy impressive views and outdoor space.
The mainline railway station in the town is only a short walk away, and the M2 is a quick drive making this ideal for commuters and the property can be sold with a professional tenant provided giving a return of over 8%.
Additional benefits include a long lease with approximately 991 years and 8 months remaining, providing excellent peace of mind for future owners.
Tenure: Leasehold Lease Length: 999 years from and including 1 January 2019 Service Charge - £2,303 pa Ground Rent - £155 pa Medway Council - Council Tax Band - C Energy Efficiency Rating - B
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 56 Maritime House,, Ocean Drive, Kent
Explore nearby
.png){kind=logo}
