1-bedroom flat · ME5 7LA
Let agreedListed 21 days
Opportunity summary
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About
Holding Deposit: £196 Security Deposit: £980 To let a one bedroom first floor flat situated on Nelson Terrace in Chatham, offering practical accommodation with on street parking and two useful outside storage cupboards.
The flat is accessed via a communal entrance and staircase to the first floor. Inside, there is a good sized reception room with a large front window providing natural light.
The separate kitchen features fitted units and a freestanding cooker. A good sized double bedroom with wood effect flooring and a large window.
The bathroom is fitted with a white suite including bath with shower over, basin and WC. Outside, the property benefits from two external storage cupboards, ideal for bikes, tools or seasonal items.
On street parking is available to the front.
Nelson Terrace is conveniently located for Chatham town centre, with its high street shops, cafés and Pentagon Shopping Centre around a 5–10 minute drive away.
For leisure, Capstone Farm Country Park and Great Lines Heritage Park are both within easy reach, offering walking routes and open green space.
Chatham railway station is approximately a 5–10 minute drive, providing regular services to London Victoria, London St Pancras International and London Cannon Street, with typical journey times from around 40–50 minutes, as well as routes towards the Kent coast.
Local bus services run nearby, connecting to surrounding Medway towns and amenities.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. CHT260379/2
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.
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FAQ
About Nelson Terrace, Chatham, Kent, ME5
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