2-bedroom terraced house · ME8 9NG
Listing removedListed 100 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An attractive mid errace two-bedroom house. The ground floor comprises a bright large living area leading into a newly fitted kitchen which is also a good size. .
To the first floor, there is a spacious double bedroom and a bathroom. Additional benefits include gas central heating andwill be fully redecorated and new carpets.
Externally, the property features a back garden and an allocted parking space with on road parking available .
Available to view after 28 June and expected to be ready to let mid to end of July Unfurnished Please note: The photographs provided were taken prior to redecoration.
Viewings & Letting Information We are a Housing Association and the landlord; however, this property is offered as a private rented let.
Viewings are by appointment only and must be attended in person Unfortunately, we are unable to offer evening, weekend, virtual, or third-party viewings Interested applicants will be contacted to arrange a mutually convenient appointment, subject to staff availability Property Information EPC Rating: C Council Tax Band: C Broadband: FTTC Application & Criteria All applicants will be required to undergo referencing checks.
Successful applicants must be able to provide: One month’s rent in advance A security deposit A holding fee (payable upon acceptance, prior to referencing) Please note: We do not accept guarantors We do not accept Council PRS schemes for rent deposit or rent in advance Tenant Requirements We are seeking long-term tenants who can proceed promptly once referencing is complete and the property is ready for occupation.
For consideration, applicants must: Be able to take up the tenancy within the required timeframe eg when the property is ready to let which is estimated mid to end of July.
Meet affordability criteria Have no CCJs within the past 2 years and no outstanding CCj's.
Not have been declared bankrupt Have sufficient funds available for rent in advance and deposit Priority will be given to applicants who are ready to proceed immediately.
We are unable to hold the property.
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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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 Goodall Close, Parkwood, Gillingham, Medway
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