2-bedroom flat · DA11 8AD
Sold STCListed 859 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This large ground floor flat with allocated parking is a shared ownership property in the popular Springhead Parkway development and is offered at a 30% share for £78,000 with the option to purchase it at a full 100% share at £260,000 subject to an additional fee payable to the housing association.
It is the perfect property for first time buyers or commuters as Ebbsfleet International train station is a short walk way and offers a high speed service into London.
The interior is modern throughout and is ready to move straight into and enjoy. Current service charge is £265.91 and monthly rent is £568.92.
Room sizes: Entrance Hall Lounge/Kitchen/DIner : 18'9 x 17'0 (5.72m x 5.19m) Bedroom 1 : 13'3 x 11'10 (4.04m x 3.61m) En-suite Shower Room Bedroom 2 : 14'7 x 9'6 (4.45m x 2.90m) Bathroom 1 Allocated Parking Space The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
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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 Springhead Road, Northfleet, Gravesend, Kent
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