1-bedroom flat · ME5 0LF
Listing removedListed 146 days
Opportunity summary
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About
Situated in a quiet residential location within Chatham, this well-presented one-bedroom ground floor flat offers practical and well-laid-out living accommodation, ideal for first-time buyers, downsizers, or investors alike.
The property comprises a bright and spacious living room (approx. 14’5” x 11’6”), providing a comfortable area for both relaxing and entertaining.
The separate kitchen is conveniently positioned and offers a functional layout with ample worktop and storage space. The double bedroom (approx.
12’2” x 9’2”) is well-proportioned and benefits from good natural light, offering plenty of room for bedroom furnishings.
The property is further complemented by a modern bathroom fitted with a bath, wash basin, and WC. A useful internal storage cupboard provides additional practical space for everyday items.
Overall, the property offers a smart and manageable layout with clearly defined living areas, making it an excellent low-maintenance home or investment opportunity.
Timberbank is conveniently located for access to a wide range of local amenities within Chatham: • Transport: Chatham Railway Station is within easy reach, offering direct services to London, including high-speed links to St Pancras, making it ideal for commuters.
There are also excellent bus routes and road connections via the A2/M2.
• Schools: The area is served by a number of well-regarded schools, including Holcombe Grammar School, Sir Joseph Williamson's Mathematical School, and All Saints Church of England Primary School.
• Shops & Amenities: A variety of local shops, supermarkets, and everyday conveniences are nearby, with more extensive retail and leisure facilities available at Pentagon Shopping Centre, offering a wide selection of high street brands, restaurants, and services.
Agents note: The service charge and ground rent figures quoted are based on the latest available information and may be subject to change.
The management company is in the process of changing and which may result in a change to the quoted charges. Further information is available upon request.
Tenure Leasehold Lease - 126 years from 24th June 1990 (90 years remaining) Service Charge & Ground Rent Total Price £1,089.62 Local Authority Medway Council Tax Band - B Energy Efficiency Rating - D
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 20, Timber Bank, Chatham
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