1-bedroom flat · ME7 5XL
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Machin Lane are pleased to offer this one bedroom, second floor Flat to let in the heart of Gillingham and conveniently situated for local amenities and Medway Hospital.
Offering entrance hall, lounge with open plan kitchen which includes a oven and a hob, double bedroom and shower room which includes a shower cubicle, toilet and basin. Electric heating.
Close to town centre, short walk to the railway station. Also benefits from off road parking/car port. Available now.
A refundable holding deposit is required to reserve a property at one week’s rent and this is calculated by multiplying the monthly rent by twelve and divide by fifty two.
This is to reserve a property.
This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
With agreement, the holding deposit can be credited against the first months rent due upon successful referencing and agreed move in.
Hallway - Kitchen/Living Room - Bedroom - Shower Room - Property Redress Scheme - REDRESS SCHEME - THE PROPERTY OMBUDSMAN- MEMBERSHIP NUMBER T09116 Client Money Protection - MACHIN LANE LTD - CLIENT MONEY PROTECTION NUMBER C0141304 Parking/Car Port -
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Canterbury Street, Gillingham
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