2-bedroom flat
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Atlas Place, St Mary's Island, Chatham – Two-Bedroom Shared Ownership ApartmentProperty OverviewThis well-presented two-bedroom apartment is available on a 75% shared ownership basis through Optivo and is exclusively available to buyers aged 55 and over.
The apartment is tastefully decorated throughout and offers spacious, comfortable accommodation.
The bright living room features attractive picture windows together with a private balcony providing an ideal space to relax.
The modern fitted kitchen benefits from high-quality wall and base units, integrated appliances including a washing machine, fridge/freeze, oven, hob and extractor fan.
There are two generously sized bedrooms, providing comfortable living space for residents and the flexibility to accommodate guests or create a hobby room.
The contemporary, accessible bathroom features Roca white sanitary ware, fully tiled walls, wall mirror and a spacious walk-in wet-room area.
Quality carpeting extends throughout the hallway, lounge and bedrooms, while the kitchen and bathroom benefit from ceramic tiled flooring.
Additional features include telephone and video entry system, and emergency pull cords for added peace of mind.
Atlas Place has been designed to offer the ideal balance of independent living, community and support, with a range of on-site facilities available to residents.
These include: • A residents' restaurant and dining room, with five meals per week included in the monthly charge. • A comfortable communal lounge.
• An activities room hosting organised events and social activities. • An on-site hairdressing salon and therapy treatment room. • A guest suite for visiting family and friends.
• Secure mobility scooter storage and charging facilities. • Landscaped communal gardens. • On-site care staff available 24 hours a day. • A 24-hour emergency response system.
• Car parking facilities. The development comprises 24 two-bedroom shared ownership homes for people aged 55 and over, creating a vibrant community with a range of care and support needs.
• Tenure: Leasehold • Shared ownership: 75% • Lease remaining: Approximately 115 years • Ground rent: £260 per annum • Council Tax Band: D • EPC Rating: B • Monthly service charge: Approximately £707 The service charge includes buildings insurance, grounds maintenance, management fees, communal electricity, cleaning and repairs to communal areas, heating, hot water and 260 meals per year.
Please note that the listing also refers to a monthly service charge of approximately £707. The current amount and all inclusions should be confirmed with the agent.
Atlas Place offers an appealing option for those aged 55 and over seeking a comfortable home within a friendly community.
Residents can enjoy their independence and privacy while benefiting from shared facilities, social opportunities and access to on-site support whenever needed.
With its convenient location, spacious accommodation and comprehensive range of facilities, this apartment offers an opportunity to enjoy a more supported lifestyle without compromising on independence.
The information provided for this property has been supplied by the Vendor (the seller) and is believed to be accurate.
However, prospective buyers should rely on their own enquiries and obtain independent verification from their Solicitor or Surveyor regarding all aspects of the property, including tenure information.
Dockside has not tested any services, systems, appliances, fixtures, or fittings and therefore cannot confirm that they are in working order or fit for purpose.
Measurements, descriptions, and photographs are provided for guidance only and should not be relied upon when making a purchasing decision.
Dockside are members of The Property Ombudsman and our Client Money Protection provider is Propertymark.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Atlas Place, Chatham
Explore nearby