2-bedroom flat · ME4 4QR
To rentListed 45 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Streets are delighted to offer this large, brand new converted, two bedroom spacious ground floor flat to let, There are a range of white goods included.
The property is arranged over two floors has a rear terraced garden and is offered with no forward chain.
This is a popular location and is within walking distance of Chatham main line station, with high speed rail links to London. Also close to the motorway for access to London or The Coast.
Hurry to avoid disappointment. Features: * A MUST SEE * Bathroom * Close to Motorway * Double Glazing * Gas Central Heating * High Ceilings * Hurry to Avoid Disappointment!
* Kitchen / living room * Popular Location close to High Street * Two Double Bedrooms * White Goods Included * Brand new refurbished flat.
* Spacious flat * Walking distance to Chatham Main Line station * High Speed Rail Link * gym room * Rear decked garden area Rooms: Hall Bedroom 1 w: 2.5m x l: 4.1m Bedroom 2 w: 3m x l: 4m Bathroom w: 3m x l: 2.2m Gym / Room w: 2.5m x l: 3.3m Kitchen area w: 3.6m x l: 5.9m Lounge area w: 4m x l: 3.3m Tenant (or equivalent) requires £3,248 monthly income, or £38,970 yearly salary.
Guarantor requires £3,897 monthly income, or £46,764 yearly salary.
Holding fee - £300 Deposit - £1500 Council tax band - no branding due to it being a new build, we are currently awaiting confirmation of council tax band from the council EPC - C IMPORTANT NOTE TO TENNANTS: Mr Michael Griffin and Mr Corrie Griffin of Streets Estates Ltd are writing to disclose a possible conflict of interest between them and the Sellers.
Mr Gavin White and Mr Ray Broad are friends and business associates of Mr Michael Griffin and Mr Corrie Griffin.
Council Tax Band: b (Medway Council) Holding Deposit: £300 Hall Bedroom 1 w: 2.5m x l: 4.1m (w: 8' 2" x l: 13' 5") Bedroom 2 w: 3m x l: 4m (w: 9' 10" x l: 13' 1") Bathroom w: 3m x l: 2.2m (w: 9' 10" x l: 7' 3") Gym Room w: 2.5m x l: 3.3m (w: 8' 2" x l: 10' 10") Kitchen area w: 3.6m x l: 5.9m (w: 11' 10" x l: 19' 4") lounge area w: 4m x l: 3.3m (w: 13' 1" x l: 10' 10")
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 Flat , Britannic House, New Road, Chatham
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