2-bedroom flat · SP8 4QS
Sold STCReduced £10k (−7.4%) on 2 SepListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no forward chain, this well-presented top floor apartment is an excellent opportunity for first-time buyers, investors or those looking to downsize.
Ideally situated within walking distance of Gillingham's mainline railway station, the property offers excellent commuter links alongside comfortable modern living.
The accommodation comprises a bright and spacious open-plan kitchen/lounge, creating a sociable living space that is perfect for both everyday life and entertaining.
There are two generous double bedrooms, providing flexible accommodation for couples, families or those working from home, together with a well-appointed family bathroom.
Externally, the property benefits from one allocated parking space, adding further convenience. Gillingham, Dorset is a thriving market town set within the picturesque Blackmore Vale.
The town offers an excellent range of amenities including supermarkets such as Waitrose, asda and Lidl, independent shops, cafés, restaurants, a library, doctors' surgeries and schools.
Residents also enjoy the popular RiversMeet Leisure Centre, which features a swimming pool, gym and fitness classes.
The town's mainline railway station provides direct services towards London Waterloo and Exeter, making it a popular choice for commuters, while the nearby A303 offers excellent road connections.
Surrounded by beautiful countryside yet well served by everyday amenities, Gillingham combines the best of rural living with modern convenience.
Maintenance Fee: £234.52 per annum Service Charge: £164.71 per month Lease Term Remaining: 104 Years
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 30, Oake Woods, Gillingham
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