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See how verdicts work1-bedroom flat · DA12 1PL
Sold STCListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sold in auction by Under the Hammer. If you would like your property to be sold in our next auction please contact our sales team on .
A vacant long lease 1 bedroom assisted living first-floor retirement apartment located in Gravesend, Kent.
The property is entered via the entrance hallway which leads to the spacious living room, kitchen with integrated refrigerator and freezer, bedroom with build in wardrobes and bathroom with walk-in shower and bath.
There is also extra storage / airing cupboard.
Suitable for ages 60+, further benefits of Nelson Court include communal parking, well maintained landscaped gardens, a guest suite, laundry room and domestic assistance.
The block is fully wheelchair accessible, with lift access to all floors.
We have been advised of the following lease information (refer to legal pack): Lease length: 107 Years Remaining Service Charge: £10,343.92 approx (per annum) Ground Rent: £435 approx (per annum) This one bed property located in Gravesend is situated within easy access to a range of local amenities including supermarkets, shops, cafes, restaurants, and plenty of green open space.
There are excellent transport links in the area including regular bus services and superb road links.
Gravesend station is just a short drive from the property and offers links to nearby towns and cities. Local outdoor space is also within a short radius of the property.
Here's what to do next Visit - Our website and view the auction terms. View - Book a viewing directly through our website. Register - Get registered prior to the auction opening date.
Legal Pack - Download and view the legal pack to find out all the relevant information. Prior Auction Offer - Want it now? Submit a prior auction offer through our website.
All offer's go direct to the seller. Bidding - Everything is completed online through the website and the intuitive bidding controls.
If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 46, Nelson Court Glen View, Gravesend, DA12 1PL
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