1-bedroom flat · ME8 9JJ
Listing removedListed 169 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Phoenix Property Services are pleased to offer this well-presented apartment featuring a bright and spacious open-plan living area incorporating the sitting/dining room and fitted kitchen.
The property also benefits from a double bedroom with built-in wardrobes and a bathroom.
Externally, the development is surrounded by well-maintained communal gardens and the property comes with the added benefit of an allocated parking space.
Ideally situated for convenience, the property is within easy reach of local shops, commuter coach stops and regular bus routes, while also offering excellent access to the M2 motorway and Hempstead Valley Shopping Centre.
Lease Details 'The lease term is 189 years from 24th June 1989' (approx 152 years left) Monthly service charge (inclusive of any ground rent) is £104.30 Total floor area 43 sq M (462 Sq ft) Lounge 3.84m x 5.28m (12'6" x 17'3") Bathroom 2.92m x 1.46m (9'4" x 5'0") Bedroom 2.87m x 3.81m (9'4" x 12'5") Hall 0.90m x 5.29m (2'11" x 17'4")
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 33, Bond Road, Gillingham
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