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See how verdicts work1-bedroom flat · ME8 8AZ
Listing removedReduced £20k (−9.1%) on 5 AugListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this well-presented one-bedroom retirement apartment provides comfortable, low-maintenance living in a highly convenient location just a short walk from Rainham High Street.
Designed exclusively for the over 60s, the apartment offers bright and well-proportioned accommodation comprising a spacious lounge/dining room, fitted kitchen, generous double bedroom with built-in storage and a modern shower room.
The property is vacant and ready for immediate occupation, making it an ideal choice for buyers looking for a straightforward move.
Residents benefit from a range of communal facilities, which may include a welcoming residents' lounge, lift access, landscaped communal gardens, laundry facilities and a guest suite for visiting family and friends (subject to the development).
Many retirement developments also provide a secure entry system and emergency call facilities for added peace of mind.
Ideally situated close to Rainham High Street, the apartment enjoys excellent access to a wide range of shops, cafés, supermarkets, healthcare services and public transport, including regular bus routes and Rainham railway station, making day-to-day living both convenient and enjoyable.
An excellent opportunity for those looking to downsize, enjoy independent retirement living and become part of a friendly community in a sought-after location.
Tenure - Leasehold Lease Length - 125 Years From 1 March 2004,102 Years Remaining Service Charge - tbc Ground Rent - tbc Council Tax Band - B Energy Performance Rating - B
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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
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FAQ
About Flat 16, Appletree Court, 117, High Street, Gillingham
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