2-bedroom flat · ME4 5AA
For saleReduced £20k (−11.1%) on 24 AugListed 101 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain free - Beautifully refurbished throughout, this stylish duplex apartment offers a modern finish, generous room sizes and a flexible layout, making it an excellent choice for first-time buyers, professionals or investors.
Arranged over two floors, the property has been thoughtfully renovated in neutral tones and is ready to move straight into.
The heart of the home is the spacious kitchen/breakfast room, fitted with a modern range of units and complete with a fridge freezer, washing machine and cooker, providing a practical and sociable space for everyday living.
Also on this level is a generous additional room that offers exceptional flexibility.
It can be used as a comfortable living room, creating a spacious one-bedroom duplex, or alternatively as a second bedroom for buyers who require additional sleeping accommodation.
This adaptable layout allows the property to suit a variety of lifestyles and requirements.
The upper floor features an impressive loft-converted principal bedroom, providing a spacious and characterful retreat with plenty of room for wardrobes and additional furniture.
The property also benefits from a contemporary shower room finished in a modern style.
Further advantages include a share of the freehold, a 999-year lease, an excellent EPC Rating B, and vacant possession, allowing buyers to move straight in with no delay.
Conveniently located close to Chatham town centre, the apartment enjoys easy access to a wide range of shops, supermarkets, cafés and restaurants.
Chatham Railway Station provides high-speed services to London St Pancras, making it an excellent option for commuters.
The nearby Pentagon Shopping Centre, Dockside Outlet Centre, Medway Maritime Hospital and the Universities at Medway are all within easy reach, while the A2 and M2 provide excellent road connections across Kent.
Offering flexibility, modern presentation and an excellent location, this unique duplex apartment is well worth viewing. Ref: AS1601 – Any enquiries please ask for Anton.
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 24,Flat 2, Luton Road, Chatham
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