1-bedroom flat · ME8 0BT
Listing removedListed 116 daysAuction 14 Jul · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by online auction on Tuesday 14th July 2026 To register for legal packs and bidding instructions please visit our website One bedroom first floor flat requiring refurbishment An excellent opportunity to enhance and add value through a refurbishment programme, while completing renovation works already underway.
The accommodation comprises an entrance hall, living room, kitchen, bedroom, and bathroom.
Situated in the popular Rainham area of Gillingham, the property benefits from convenient access to a range of local amenities, schools, and transport links.
A supermarket is located approximately 0.7 miles away, while Rainham railway station is just 1 mile from the property, offering regular services to London and surrounding areas.
First Floor Flat Entrance hall, living room, kitchen, bedroom, bathroom Council Tax A Tenure: See Legal Pack
Value & comps
No previous sales on record.
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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 33, Derwent Way, Gillingham
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